One of the things that veteran real estate investors know, is that over time, real estate always increases. As one of my mentors recently pointed out, there is NO real estate in the country that is worth less today than it was worth 10 years ago (if you find it, let me know).
sure we are in a slight adjustment, but that is when you need to make your move. Imagine what would happen if you put $20,000 down on an investment property that was worth $200,000. Over the next 10 years, that property would likely double, and most people would say that you doubled your money. If you paid cash, then I would agree, but if you leveraged a 10% down payment, then you would use only $20,000 to make $200,000 and that works out to a 1000% return, or 100% per year.
If this make sense to you, then go out and make an offer today. If you need a loan, visit Consumers Advantage Mortgage.
If you want to learn how to put this all together, then I want to invite you to one of our free real estate investment seminars. We hold them all over the country every week, and even have them online for those who can’t make it out.
I guarantee that learning to invest in real estate will change your present and future financial situation.
See you at the top!
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this is the type of idiotic thinking that got us into the sub prime mortgage crisis.
Sawyer – With all due respect, I don’t I think you understood that post (or the sub-prime mortgage crisis). This has nothing at all to do with the sub-prime mess and everything to do with investing for the long haul. The sub-prime mess was caused by unqualified people getting loans, and doing so by not putting money down. People wanted to get in and out with a “fix and flip” and many got burned as the market values dropped.
Is is a fact, that real estate has been a solid long-term investment. The post say your investment (down payment) should double over the next ten years, not months.
Feel free to join one of our free real estate investing webinars if you really want to get a handle on the market.
Best wishes!
Well real estate doesn’t always increase. Perhaps the sentence should be: In the long term, real estate always increases. And really, with how things are going, it will be the very long term.
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