Connie Gohata DRE #01822665

Rent Vs. Buy - why not buy?

Posted by Connie Gohata on Friday, January 29, 2016 Under: Renters - Buyers
Many renters don't know that they can actually buy a house.  There are a lot of loan programs out there that a good Broker can find you with very little to even no down payment.  You just need to ask - ASK ME!  I can "hook you up" with one of several mortgage lenders, your choice, and you can be on your way to home ownership.

What's the plan?  Here's a great one:
1. Find and buy the home.
2. Move into it and stay for at least 2 years.
3. Find a second home.
4. Clean up your first home, and move into the second home with the equity from your first home and a new loan (with low down).
5. Rent out your first home.  Have the renters pay for your mortgage, taxes, insurance, with some leftover.
6. If you end up with enough equity after doing this several times, stay in the home you love, use the equity to buy another rental (with a loan or HELOC against one of your homes) and you will be on your way to a good retirement income.

Ask me for details!

In : Renters - Buyers 



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Rent Vs. Buy - why not buy?

Posted by Connie Gohata on Friday, January 29, 2016 Under: Renters - Buyers
Many renters don't know that they can actually buy a house.  There are a lot of loan programs out there that a good Broker can find you with very little to even no down payment.  You just need to ask - ASK ME!  I can "hook you up" with one of several mortgage lenders, your choice, and you can be on your way to home ownership.

What's the plan?  Here's a great one:
1. Find and buy the home.
2. Move into it and stay for at least 2 years.
3. Find a second home.
4. Clean up your first home, and move into the second home with the equity from your first home and a new loan (with low down).
5. Rent out your first home.  Have the renters pay for your mortgage, taxes, insurance, with some leftover.
6. If you end up with enough equity after doing this several times, stay in the home you love, use the equity to buy another rental (with a loan or HELOC against one of your homes) and you will be on your way to a good retirement income.

Ask me for details!

In : Renters - Buyers 



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About Me


Connie Gohata RealtorĀ® and RE Investor Short Sale and REO Specialist Regular Sales, Distressed Sales CA/BRE #01822665 Phone: 714-553-9146

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