Episode 85: Unlocking Homeownership: The Resurgence of Low Money Down FHA Loans cover art

Episode 85: Unlocking Homeownership: The Resurgence of Low Money Down FHA Loans

Episode 85: Unlocking Homeownership: The Resurgence of Low Money Down FHA Loans

Listen for free

View show details

About this listen

This "Burn Your Boats" episode reveals a game-changer for aspiring homeowners: FHA loans are back in business!


David Shaw shares a recent experience selling a Florida duplex to a young couple using an FHA loan. Despite requesting seller concessions for half their down payment and closing costs, the deal was a win-win.


The couple put down just $16,000 (1.5%!) on a $555,000 duplex. By living in one unit and renting the other, their net monthly housing cost is an incredible $1,211 – or just $600 each! This immediately makes them real estate investors with tax benefits.


This episode is a powerful message: FHA loans are now a viable path to homeownership, offering significantly lower costs than renting.


Share this with anyone who thinks homeownership is out of reach – it's time to seize the opportunity!



Soundbites:


"FHA loans are back in business!"


"Imagine that that's living for $600 a month. They're now real estate investors. They now get property tax deductions. They get their depreciation on the property."


"What I think is happening is buyers are now in the driver's seat and buyers know that they can go out and get a deal."


Chapters:

00:01 Introduction & Podcast Purpose

1:04 The Duplex Property & Market Context

03:19 The FHA Loan Revelation

7:07 The Incredible Deal for the Buyers

10:19 Call to Action: Share with someone you know!


Keywords: FHA loans, first-time homebuyers, real estate investing, affordable housing, low down payment, seller concessions, housing market, burn your boats wealth podcast, David Shaw


#FHALoans #FirstTimeHomeBuyer #RealEstateInvesting #AffordableHousing #LowDownPayment #SellerConcessions #HousingMarket #DuplexLiving #FinancialFreedom #BurnYourBoats

Hosted on Acast. See acast.com/privacy for more information.

What listeners say about Episode 85: Unlocking Homeownership: The Resurgence of Low Money Down FHA Loans

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.

In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.