Your dream suburb’s out of reach? Don’t panic. You’re not locked out of the property market—just in need of a smarter strategy.

In this episode, Meighan and Veronica unpack three powerful ways to buy your first property sooner, even if you can’t afford to live exactly where you want right now. From rentvesting and using a guarantor to co-ownership, they break down how each option works, the risks to watch for, and how to choose what fits your long-term goals.

You’ll learn the golden rules of rentvesting (and why “investment grade” property matters), when it makes sense to lean on the Bank of Mum and Dad, and how to set up solid agreements if you’re buying with family or friends. They also call out the hidden traps—like government incentives that look generous but can actually cost you long-term growth.

If you’ve been feeling stuck, priced out, or convinced your dream suburb will never happen, this episode is your circuit breaker. You’ll walk away knowing how to get started, make strategic compromises, and build a plan that gets you in the market without giving up on your goals.

Listen now and learn how to buy smart—even when you can’t buy where you want.

00:00 – Overcoming the Dream Suburb Dilemma

01:31 – How the PACE System Helps You Plan

03:09 – What Rentvesting Really Means

09:46 – How a Guarantor Can Help You Buy

10:52 – LMI or Guarantor Which Is Better

12:03 – What to Know About Grants and Schemes

14:29 – Pooling Resources Through Co Ownership

15:19 – Getting Legal and Financial Advice

17:42 – Final Thoughts and Next Steps

• Episode 256 – Mortgage Strategy for First Home Buyers
• Episode 205 – Rentvesting: What You Need to Know Before Taking the Leap
• Episode 207 – How Rentvesting Can Secure—or Sabotage—Your Financial Future
• Episode 211– What Tax Benefits Can First-Home Buyers Gain from Rentvesting?
• Episode 152 – How Guarantor Loans & Government Deposit Schemes Work for First Home Buyers
• Episode 49 – What Can Go Wrong When Borrowing from the Bank of Mum & Dad? (with Barry Frakes)

• THE First Home Buyer Course is our Step-By-Step, No BS Guide to Every Stage of The Home Buying Process – It’s the next best thing to having your own buyer’s agent. With our expert guidance, you’ll know what to do at every step along the way. Become a home owner faster and easier. Click here: https://homebuyeracademy.com.au/YFHBG

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

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