Closing Day Podcast 1: Should I Just Rent for the Rest of My Life?


March 11th, 2019

38 mins 27 secs

Season 1

Your Host
Special Guest

About this Episode

On the first episode of Closing Day, we tackle the question, “how do I know if I should rent or buy?” Kyle interviews Julie Pavlish, a homebuyer educator from Homeword here in Missoula, Montana where she teaches a HUD certified class for first time homebuyers. She has a background teaching financial literacy to everyone from small children to people making the largest purchase of their life- a home!

Topics addressed in this episode:

  • The difference between renting and buying
  • Who should consider buying
  • What you can do to take the next step
  • What it means to build equity
  • How to start saving for a home
  • Front-end vs. back-end ratios
  • Why a 20% downpayment is a myth
  • Homeword and other HUD certified classes

Kyle and Julie dive into these topics and more giving listeners great information and tangible action steps that can be taken to help them reach their own Closing Day on their first home!

*Resources: *
BankRate Mortgage Calculator:
Three Factors to Consider:
Broke Millennial: Stop Scraping by and Get Your Financial Life Together by Erin Lowry :

Visit our website to contact us and for more information about Closing Day!
You can also find us on Instagram @Closing_Day_Podcast and on Facebook at Closing Day Podcast.