Attention First-Time Home Buyers!
There is a reason why Investors are buying houses under $150,000 quickly today...
Main reason is they are looking to rent them to you. And here's why, on average the rental is 1% of the value of house.
So on a $150,000 value house - the rent would be $1,500 a month, that's $18,000 income to the landlord.
And guess what - they know you will stay along time at the property, especially in nice neighborhoods. On average the renters are staying between 2-6 years!!!
Let's assume that the investor didn't pay CASH. But instead purchase the house as a normal buyer at today's rates & terms.
With only 3.5% Cash Down and at Interest Rate of 4.5%
Their monthly mortgage payment would only be $691.06 - that leaves $808.94 from $1500 (add taxes & insurance of roughly $350/month) that still leaves $458.94.
THAT'S A SAVINGS TO YOU OF $5,507.28
Don't let the Investors purchase the home your WANT!!!
Let me show you how to become a Homeowner for less than your paying for RENT...
The BEST part of being a Homeowner, is that your building your Financial Future for you & your FAMILY...