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onQFinancial has compiled 13 Essential First Time Home Buyer Tips from the Experts, including Atlas Co-Founder and Partner, Jason Shepherd.

Shepherd says “Maybe it’s a little bit cheaper to rent than to own, but if you factor in that you’re buying a three-bedroom condo, and you can rent out two of the other rooms, it allows you to own your property for almost free.

However, you need to do a gut-check when you’re getting ready to purchase a home – would you be willing to rent out a couple of bedrooms as a safety net so you’re not burdened by this purchase?

You don’t need to always have roommates, but give it a year or two so you can save money and ease into the homeownership process and lifestyle.”

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