Tag: down payment
College vs. Property: Which is the Better Investment for Your Children?
As parents, our children need us more than ever. This goes beyond the ages of zero to eighteen; they will need us until the day we leave this Earth. Why do our kids need us so much compared to yesteryear? The world has changed a lot over the past two decades. Everything is more expensive,…
Saving for a House Down Payment #5: Family, Small City
Did you wait until you were married and had a family before buying a home? Don’t worry; that’s what I did as well. Having a family definitely changes the dynamic of saving for a home, but it gives you two distinct advantages. First, your family gives you the drive and determination to succeed in saving…
Saving for a House Down Payment #4: Couple, Big City
Double the people, double the fun. I’ll admit upfront that this process isn’t going to be fun. For a couple to buy a home in a big city, it will take lots of hard work and dedication. But, as a couple, you have a few things going in your favor, mainly twice as many people…
Saving for a House Down Payment #2: Single Person, Big City
So you want to buy a home in a massive city like San Diego, Houston, or Seattle? Well, it will take a fantastic amount of hard work, dedication, and grinding on your part. Are you ready to do whatever it takes (legally) to get a small starter home or condo in your city? I hope…
Saving for a House Down Payment #1: Single Person, Small City
I want to congratulate you on two things: being single and living in a small city. This combination of events puts you in the best position to save for a home. Welcome to the Saving for a House Down Payments series, where we will formulate a path to homeownership. Getting serious. As a young single…
Maximum Leverage 2: Buy Homes with Nothing Out-Of-Pocket
We are back to buy even more homes with no money down. In Maximum Leverage 1, we covered how to use different types of loans to prevent paying a down payment. However, what if paying a down payment cannot be avoided? How can we leverage other’s people money (OPM) or our equity to pay zero…
