First time home buyer, real estate investor, flipping houses. All three have one
thing in common–WEALTH BUILDING –. It has been, is and forever be THE AMERICAN
DREAM. Plenty of recent articles has question the wisdom of purchasing your very own
home. Just think about it. Ten years of rent at 1200 per month will amount to almost
The landlord has enjoyed appreciated in value of the property, taxes write off, and
additional income to invest in more property. All of this with the income you have
worked for. PUT YOUR INCOME TO WORK FOR YOURSELF.
First time home buyers are having a difficult time entering the homebuyers market. Their are so many books on home ownership but for some reason, even for a few dollars with all the steps to purchasing a homeBUILDING WEALTH — HOMEOWNERSHIP — INVESTING IN REAL ESTATErenters/apartment refuse to even see how easy it to become a homeowner. So the American Dream and Financial wealth escapes so many in this generation.
Giving insights into how to get started and be successful in Real Estate. All three requires
subject areas requires some general knowledge. I would highly recommend reading beginners
books on each topic.
Real Estate have a few subjects matters that every one should understand.ALL THE INFORMATION YOU NEED TO BUILD WEALTH
Additional income maybe required.
In real estate their is the possibility to purchase property with no money down. Lots of investors
have been successful doing just that. Additional income from a steady source will let you sleep
a lot better.
According to bankofamerica.com
First-time Home Buyer Information, Tools and Resources
Know how much cash you’ll need at closing. When you buy your home, you’ll need cash for a …
Budget for private mortgage insurance. For conventional financing, PMI is typically necessary if …
Research your utilities. If you’re moving into a larger home than you’re used to, a home that is …
Don’t forget miscellaneous expenses. Be sure to budget for moving expenses and additional …