"Research forgivable second mortgages before buying Many buyers leave thousands on the table because they never investigate state and local assistance programs. As the hosts explain, some programs offer forgivable second mortgages — for example, "they will give you a certain amount of money, maybe $10,000, $15,000 that you can use towards your down payments" and "if you live in the house for five to 10 years, that loan is forgiven." Also check your employer's HR handbook, since some companies quietly offer homeownership grants or down payment assistance as a benefit. Anyone buying a home — investor or first-timer — can apply this research step before signing a contract to reduce out-of-pocket costs by thousands. Source: Dave Meyer & Henry Washington, BiggerPockets Podcast, 7 Ways to Save Money When Buying Real Estate in 2025"