186 - INTERVIEW: Buying a Home with 300K of Student Debt?
How to Buy a Home: The #1 First Time Home Buyer Podcast
David Sidoni
4.8 • 891 Ratings
🗓️ 24 May 2023
⏱️ 40 minutes
🧾️ Download transcript
Summary
John and Richard had around $300,000 in student debt which made them think that buying a home would be impossible. BUT, they were able to navigate the financial waters with an amazing lender who showed them that yes, buying a home IS possible, even with student debt. Also, learn about physician’s loans and how they can help your own purchase process.
Connect with me to find a trusted realtor in your area or to answer your burning questions!
Subscribe to our YouTube Channel @HowToBuyaHome
Instagram @HowtoBuyAHomePodcast
Tik Tok @HowToBuyAHome
This podcast was created for YOU - to cut through the confusion and empower you to buy your first home. Let's change how the real estate industry treats first-timers, one buyer at a time- starting with YOU!
Visit our Resource Center to "Ask David" AND get your FREE Home Buying Starter Kit!
David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer.
Subscribe for regular market updates, and leave a review to help us reach more people. Ready for an honest, informed home-buying experience? Viva la Unicorn Revolution - join us!
Transcript
Click on a timestamp to play from that location
| 0:00.0 | How on earth are you supposed to buy a home with mountains of student loan debt? |
| 0:08.7 | Is there any way to buy when you're saddled with that huge monkey on your back? |
| 0:14.6 | Well, today you're going to get the answers and they might surprise you. |
| 0:18.2 | We're also going to unravel the mystery of the very enticing physicians loan. |
| 0:23.8 | Play the music. |
| 0:45.0 | All right, everybody, it's your favorite type of podcast, the one where other people talk instead of me. |
| 0:52.3 | I say that every time, but I have been hearing a lot from you guys that you love hearing from the podcast listeners. I should figure this out. |
| 0:53.4 | So John reached out to me last year, |
| 0:56.6 | and now John and Richard have a house. Yay! Woo! How are you guys doing? Oh, man, we're doing |
| 1:04.6 | great. Busy. Yeah, very busy. Busy. Now, are you in the home right now? |
| 1:10.3 | We are. Yeah. Congratulations are yeah congratulations living in our basement |
| 1:13.2 | are you refinishing while you're doing things yeah we we lucked out we found a house with a mostly |
| 1:21.3 | finished basement so we were able to kind of move into the basement and while we redo a lot of the upstairs. |
| 1:29.8 | You are either my second, at least my second, if not my third or fourth, interview, not just people, you know, the hundreds of people who have done it, but interview who did that as, you know, it's not a full house hack, but I call it a house hack because people |
| 1:46.9 | look upstairs and go, ew, gross, what am I going to do? And so there you go. Okay, what's your, |
| 1:53.6 | we always start with the biggest tip because nobody cares about your story until they get the reason |
| 1:58.6 | they came here in the first place. |
| 2:03.5 | So what's your biggest tip to give people? |
| 2:06.3 | Although you already gave a great one, the basement house hack. |
| 2:11.2 | So do you have any other things that were really instrumental along the process for you? |
| 2:22.6 | You know, for me, at least for my half of this, I guess, it was really our lender. Our lender was such a huge, huge part of everything from first and foremost making us realize that, oh, we can afford |
| 2:32.7 | to do this and just kind of setting up a plan and just like making |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from David Sidoni, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of David Sidoni and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

