BiggerPockets

Hi all,
I live with my parents and I want to be separate, that's the reason am desperate to buy my own place. I cannot afford much but if the necessity arises I can go for finance. Do you people have any good ideas that can help me to get my dream house? Your help would be greatly appreciated.
Thanks in advance for your advice!

That is great that your looking for a place to own. I hope I can be of help.

Look into the city programs in the area in which you live ,contact your city or the economic development agency in that city. Find out if they are participating in first time home buyer assistance progams.

Many cities offer grants that are forgiven after so many years and you can purchase with very little down.

In the city of Rancho Cucamonga,CA they are giving $80,000 to qualified buyers this amount has no interest nor payment made for this amount.If you purchase a property that is $300,000 you actually make a payment on $220,000 rather than $300,000 so you get more of a home with a lower payment.

Find out what the pros and cons are to these programs and what the qualification guidelines are.Some have equity shares if you sell within a certain period of time, some do not, it all depends on the city.I hope this info is useful to you.

Best Wishes in your home search.