
Why the first property is the hardest to purchase and how to overcome it | BAM Episode 15
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In Episode 15 of *BAM Podcast*, Ottawa real estate hosts Omar, Rabieh, and Elliott delve into the realities of securing your first investment property and why it's the toughest purchase you'll ever make. They break down key concepts like building equity, leveraging property value, and understanding debt coverage ratios. With humor and candid insights, the team shares practical advice for beginners on navigating the mortgage process and scaling a real estate portfolio. Whether you're a new buyer or seasoned investor, this episode offers essential knowledge for growing your wealth through property. 🔑 **Key Takeaways**: - Why the first property is the hardest to purchase and how to overcome it. - Building equity and how it can fund future property purchases. - An introduction to the BRRR method for investment growth. - Understanding the role of debt coverage ratios in real estate investing. 🔹 Stay Connected: Subscribe to our channel for more episodes. Like this video if you find our tips helpful. Comment below with your questions or topics you'd like us to cover in future episodes. 🔹 Follow Us: Our Website: https://www.lotfulrealty.com Instagram : https://www.instagram.com/lotfulrealty Omar: https://instagram.com/everythingrealestate Elliott: https://instagram.com/elliottct.realestate Rabieh: https://instagram.com/rabiehnassrallah #BAMPodcast #FirstTimeHomeBuyer #RealEstateInvesting #OttawaHousing #BAMPodcast #RealEstate2024 #OttawaRealEstate #FirstTimeInvestor #InvestmentStrategies #BuildingEquity #BRRRMethod #RealtorLife #HousingMarket #DebtCoverageRatio #RealEstateAdvice #OttawaHousingMarket #InvestmentProperties #MarketInsights #CanadianRealEstate #FinancialFreedom #PropertyInvestment #HomeBuyingTips #RealEstateJourney #PortfolioGrowth