@marina.orzhekhovska: DID YOU KNOW THIS? 👀🏡 Buying your first home together isn’t always the only strategy to consider. Depending on your situation, one person may purchase first — and the couple may later have an opportunity to work toward owning TWO properties instead of just one. 💰📈 A lot of couples don’t realize this could even be an option. Would you consider a strategy like this? SAVE this reel and send it to your partner. ❤️ Eligibility for the FHSA, Home Buyers’ Plan and other first-time buyer benefits depends on each person’s individual circumstances and the rules in effect at the time. 📍 Toronto, GTA & Simcoe Region 👩 Maryna Orzhekhovska Certified Real Estate Broker 📲 647-989-4545 📧 [email protected] #TorontoRealEstate #FirstTimeHomeBuyer #GTARealEstate #HomeBuyingTips #OntarioRealEstate

🕯️ :

You’re not building enough equity in 1 year to buy a second property

Noddy :

you not in the 1950s 1960's 1970s anymore'

🧜🏻‍♀️🩷 :

you can't use first time home buyers if you live with your spouse or common law partner in a home that they own

DysFUNctional GenX :

Who has 2 down payments in this economy? Who can afford to be a landlord?

joey_spamm5 :

Step 0 have enough money to buy a house on a single income

Sat :

this is why u dont rely on social media for factual information.

floflo :

Stamp duty?

Manders_TheOG :

Most people need 2 incomes to get a mortgage.

97531bb :

Is this in Canada?

dundundunonetwothree :

we did this. now have 2 properties renting and living in the 3rd

Floobylooly :

Do you know the extra stamp duty you have to pay on a second home? As well as the tax? 😂😂

AlexQR :

What State you live in?

Jennifer Lynn :

My husband and i had our ien homes, we rent mine and will be renting his when we buy our next house together

LongDog :

this is not only bad advice, it's fraud

sambdejong :

Except- If you live with your spouse in a home that your spouse owns, you do not qualify as a first-time home buyer.

Casey Butorac :

in australia its impossible to do it alone

Forgotten_Fury :

What if we can’t afford one house

SaucyShack :

I feel like most couples need both income to even qualify

Varrrrrrr :

When buying the second home, lenders will factor in the debt obligations on the first home. Even if turned into a rental, lenders often only offset a percentage of projected rental income, making qualifying for a second mortgage much harder on paper

LiveTheBestLife :

NEVER move to another country 💯 🤷‍♂️

woodbridge.mom :

You need to make sure you qualify under the meaning of a first time buyer… talk to a lawyer

JVal :

How many homes do you and your partner own? 🤔

littlemiss7771 :

Life isn’t always so linear

_Phadeaway :

Lynnn✨💋 :

Interesting