Real estate investing has been a favorite way to make wealth for millennia and turn ordinary people into millionaires. You might think that the only way to invest in real estate is to become a landlord or flip houses, or at least I did. And if you’re like me, you don’t have the time or money to buy an investment property when you have your own mortgage to pay. What you might not realize, is that you can invest in real estate without being in a … [Read more...] about How to Start Investing in Real Estate Without Buying Property
This blog post is part of the Pay Down My Debt (PDMD) blog tour, sponsored by US Equity Advantage. PDMD is a solution that accelerates debt payoff and helps consumers monitor their credit and make smarter purchasing decisions. If you’re looking to pay off debt find out how they can help. I still have a hard time comprehending how far we've come since being in over $75,000 of debt back in 2008. In the midst of the huge financial crisis and … [Read more...] about The One Change That Will Save Us $22,000
We have 5 kids and live in a 3 bedroom/2 bathroom house. That may seem a bit tight to you and let me tell you that most days, it is! Therefore, we've been talking about our options to add another room onto the house, along with tearing down our carport and adding a 2-car garage. The biggest determining factor here is should we apply for a HELOC or refinance the current home loan? HELOC A HELOC is a Home Equity Line of Credit. I had one of these … [Read more...] about To Refinance or Not to Refinance? That is the Question!
I purchased my first home at the age of 21, just after graduating from college. Finding a nice rental in the town where I live was next to impossible at the time, so I expanded my options and bought a house instead. Home ownership at such a young age has taught me a lot, and I might have made different decisions if I had known what I was in for. If you’re wondering how you know you’re financially ready to buy a home, here are some things you … [Read more...] about Are You Financially Ready to Buy a Home? Here’s How to Know
The type of mortgage you select can have an impact on the amount of money you pay each month for your mortgage loan. It can also affect your total loan amount, monthly payments, down payment and risk level. Depending on your particular situation, the following home loans can either help or hinder your financial future. Fixed Rate Mortgage Adhering to a budget can allow for luxuries such as a family getaway or new car. If you put enough money … [Read more...] about 4 Common Home Loans and Their Pros and Cons
Apartment hunting now days can sometimes be a truly terrifying experience. I personally witnessed some places in my college days that were barely a step up from a dump and a couple that may have been worse. But, I won’t get into the details lest you click away due to the horror scenes I witnessed. Of course, I also saw some places on the other end of that scale and that were not affordable on my college student budget. Needless to say, there … [Read more...] about Apartment Hunting? Here are 7 Things You Need to Consider