Posts Tagged ‘realestateinvesting’
Setting up a Home Gym – Part 6 – Elliptical
My personal favorite piece of cardio equipment is the elliptical. Its low impact on the joints, works the muscles in the legs very well and I can burn more calories per minute than the treadmill. Be sure and try them out, each brand will have their own feel and many ellipticals don’t feel good and…
Read MoreHow can I invest in real estate if I don’t have much money? – Part 3
Here is the real advantage of taking this path and implementing this type of strategy – it’s costs less money to get started. The down payment on an owner-occupied home will be between 3.5-5% not 20%. On a 250K home that’s an immediate min savings of $37,500 (not including closing costs). While you live in…
Read MoreHow can I invest in real estate if I don’t have much money? – Part 2
One idea for a less expensive way to get started in real estate investing is to buy a home in an area that has highly acclaimed schools and live in it. Don’t buy big, don’t buy fancy. Ideally, one story home, min 3 bedrooms (4 is best – who doesn’t need a home office these…
Read MoreHow can I invest in real estate if I don’t have much money? – Part 1
Buying a single family or multi-family investment property most times requires the buyer to have min 20% down payment plus closing costs which can be several thousands of dollars. In addition you’ll have your holding costs once you have bought the property while you or your broker markets for a tenant (mortgage/taxes/utilities/repairs). Finally once rented…
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