Riches with Rentals is a dedicated to people thinking of investing in the simple lucrative world of properties and becoming business entrepreneur.
Lest face it, every riches person in the world will want to buy land or own vast properties everywhere.
That will be let for rentals. That where money is made. http://www.homerentalbusiness.com/
In the last post, part 1 Becoming a Single Homeowner-The Plan I talked about how Single people are looking to become homeowners and the preliminary step in making a plan and the aspects to consider with your credit. Once these are in place – it is time to look at how to come up with your down payment and the type of property you are eligible to purchase.
Down Payment Considerations
This is an area where my Single clients are usually deficient. The demands of a Single person’s budget can be unrelenting and there are always important areas that your dollars are required. This is another reason why planning and budgeting are going to be the cornerstone of your Home Purchase plan. There are essentially four ways to achieve the down payment and they are to get it gifted, save it, borrow it, or qualify for a forgiveable loan.
- Get a gift
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