New to Phoenix. FTHB. Any referrals out there? Thanks!

[Randall Leese]

Hi Everyone! First off, thanks for making this such a great community. It's humbling how many knowledgeable, supportive, and generally rad people there are on here!

I just moved to the area from N Idaho; I'm an RN in the ICU at Banner U, and I'm looking to buy my first home here. Prices are a little discouraging. Is it even possible to find something that meets the 1% rule? Anyone house-hacking? Curious how people make it work. Maybe it's better to wait and see if there's a 40% further downturn like some are forecasting.

With that, any referrals to an investor-friendly agent or wholesalers and/or general tips would be awesome.

Cheers guys!
Randall

[Kaylee Walterbach]

You can't time the market! Who knows where prices or interest rates will go this year. I bought my first property during the height of the pandemic and everyone thought I was crazy—but now I have a 3% interest rate :)

It sounds like you are in the PERFECT position to try house hacking. It's seriously the best and easiest way to get started in real estate. You could pick up Set for Life or The House Hacking Strategy to show you how—lots of great info and examples in there.

Also, you can find investor-friendly agents on Agent Finder!