83: Buying Your First House with Scott & Mindy

83: Buying Your First House with Scott & Mindy

Buying your first home - either an investment or a primary residence - can be scary. This is a HUGE purchase, and no one wants to mess that up. But buying a house doesn’t have to be scary, if you’re properly prepared. This week, Scott and Mindy sit down and talk about the process - what you need to consider BEFORE you even start looking at houses and what to REALLY look for when you’re looking at houses. They also talk about different funding options, different purchasing strategies and even different ways to hack your housing to live for free - or make big money when you sell. If you’re in the market for your first property - or second or third - or you’re just starting to think about buying a house, this is an episode you cannot miss! In This Episode We Cover: First step that Scott recommend someone once they decide to purchase a home Consider exit options Three possible exit options Don't buy on a busy street Don’t put yourself in an artificial urgent state on buying your first house Don't spend every dime you have on your downpayment How real estate agents and mortgage brokers are incentivise On funding Mortgage broker versus a lender Adjustable versus fixed rate mortgage What a mortgage insurance is FHA versus conventional loan On house hacking Credit score on Credit Karma Pre-qualification versus pre-approval process How to find a real estate agent Things to inspect and to avoid on buying your first home 7 step checklist for buying your first home And SO much more! Learn more about your ad choices. Visit megaphone.fm/adchoices

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How to Set FIRE Goals and Actually Achieve Them (2026)

How to Set FIRE Goals and Actually Achieve Them (2026)

Episode #704 ~~~ Download the Goal Setting Document: www.biggerpocketsmoney.com/resources  ~~~ Subscribe to the 31 Day Challenge: www.biggerpocketsmoney.com/31days  ~~~ Subscribe to our Weekly N...

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How to Track Your Path to FI in 2026 (Step-by-Step Guide)

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How this Couple Achieved FIRE in Their 30s (Average Income)

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Sam and Carolyn reached financial independence in their thirties through frugality, real estate investing, and building side hustles that generated $10,000 per month. Then they made a bold move—quitti...

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Join Mindy Jensen and Scott Trench for a powerful conversation with Regina Moore, who achieved millionaire status before 35 through frugality and her career as a pharmacist. But when her young son was...

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The Ultimate Guide to Early Retirement Drawdown (2026)

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The Case for Blended (Instead of Sequential) Drawdown for Early Retirees

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Are you using the wrong retirement withdrawal strategy? Sequential drawdown—draining one account before touching the next—is the most common approach to early retirement, but it could be costing you t...

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If We Started FIRE Over in 2025, Here's Exactly What We'd Do

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What would you do differently if you could start your FIRE journey over today? Back in 2013, Scott was fresh out of college house hacking his way to financial independence, while Mindy and her husban...

2 Joulu 202537min

Does Money Buy Happiness? What the FIRE Community Gets Wrong

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What happens after you achieve financial independence? Former Facebook employee turned comedian Paul Ollinger discovered the answer wasn't what he expected—and it completely changed how he thinks abou...

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