30% down? That is madness. Only a select few will be able to invest in and purchase real estate. The rest will have to use FHA loans, if they are lucky. I know I wouldn't have met 30% or even 20%.
In the eighties, I was a little kid who put together model buildings out of notebook paper and Scotch tape and spent days on end playing Monopoly with my best friend. What I've done over the last decade is pretty much the same thing. I began buying, renovating, and renting dozens of properties during Architecture school, where I mostly learned how to stay awake for six days straight.
Today I'm a new mother married with four dogs and way too many houses along the coasts of Florida. We recently moved into and began working on a three story lake house built in 1928.
2 comments:
30% down? That is madness. Only a select few will be able to invest in and purchase real estate. The rest will have to use FHA loans, if they are lucky. I know I wouldn't have met 30% or even 20%.
Don't even get me started!
Carol
antiquetexan.blogspot.com
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