Are You Ready To Buy?

StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode of STRUnfiltered, host Bill discusses the topic - 'Are you ready to buy property?' He first encourages listeners to identify the reasons behind their decision to invest and also to decide whether it's a lifestyle asset or a financially driven decision. He then talks about the importance of understanding one's 'bankability' and examines the various factors that affect it such as debt-to-income ratio and credit score. He also gives strategies on how to improve bankability and reminds his listeners to plan for multiple deals ahead. Bill ends by inviting his listeners to the upcoming STR Wealth Conference. 02:01 Introduction and Welcome 02:22 Understanding Your Motivation to Buy 02:51 Financially Driven Decisions vs Lifestyle Assets 04:05 Are You Bankable? Understanding Loan Options 04:22 Understanding Your Debt to Income Ratio 05:49 Managing Your Credit Score and Debt 06:48 Strategies to Improve Your Bankability 08:53 Planning Your Financial Investing Strategy 09:36 Setting Your Investment Goals 11:19 Conclusion and Invitation to STR Wealth Conference Watch this episode on our Youtube Channel Every Tuesday & Friday https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508 You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1 Build STR Wealth: https://buildstrwealth.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices