How To Buy a House

Hey, so you need a strategy. Just because you're not ready to buy a house, you should still be talking to a lender even if you're a year out. Here's why. I've had several clients where they're like, hey, I'm like 12 months out from buying a house and you know, I think we're good, blah blah, blah. Here's the point. I always recommend them. Hey, even if you're a year out, maybe you just rented a house, get with a lender, tell them what you're trying to accomplish, that you've got a year's lease, have them pull your credit and have them help you design a strategy. And here's why. Sometimes you may not realize that your debt to income ratio is too high. Sometimes there's a plan that you can attack it over that year to reduce your debt to income. And sometimes with entrepreneurs especially, we're really good at writing everything off and showing that we make no money. That's not a good thing. Paying taxes is a good thing because it allows you to buy and finance more stuff. You see, if I was like a typical real estate agent when where I'm writing everything off and then I show that I made $20,000 this year, I couldn't have bought a 50 million dollar real estate portfolio because I would have been broke according to paper. So don't write everything off. There are strategies that you can use to create income, create tax write offs in order to finance the things that you want to finance. But if we keep writing everything off, you're not going to be able to qualify for the things that you want to qualify in the future. So my advice is, is that we connect. You have a strategy session, talk to me about what you want to accomplish even if it's a year or two out, and then I can connect you with a preferred lender that can show you, hey, we need to pay these credit cards off, we need to reduce this, this is the game plan. And then stick to the game plan so that you are ready to buy a house when that goal comes or that date comes around. And so don't be afraid to talk to somebody about it. It's not going to change anything. But what it is going to do is it's going to give you a target, it's going to give you goals and milestones to achieve. So let's connect, have a call and let's get you ready and prepared to either buy real estate, maybe it's your first house, maybe it's your second house, or maybe you're looking to start investing in real estate, so we need to know all of these things first so that we can create a strategy and make a plan to get you into that property.