Archive for June, 2006
Two-Family Homes
While a single-family home is most people’s first preference, the economics of owning a two-family home might make you think again, especially if you are just starting out. Many two-family homes consist of a two-story building in which the renting family occupies the upper floor and the owning family the lower floor. In a well-planned […]
Getting Into the Right Frame of Mind to Buy Real Estate
To go into real estate, most of us need to freshen up our minds and change our way of thinking. We need to lose some of our unrealistic attitudes and incorrect beliefs. We need to brush away the mental cobwebs and let some daylight in. In my profession, I help people to do just that. […]
Interest-Only Payments and Negative Amortization
Keeping the early mortgage payments as low as possible is a recentconcept that has made loans possible for many real estate investors.To understand how this works, it may be helpful to look for a moment at the basic mortgage process. In a mortgage, monthly payments by the borrower do two things: pay the interest charged […]
