ALERT!!!!! BUY REAL ESTATE NOW!!!
Uploader Comments (mohammedabshaun)
All Comments (76)
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I'm 26 year old African American female. I've been living with my mother for the past 3 years. I help her out with the bills, but people would have opinions of me because I chose to stay home and not rent an expensive apartment. I bought my car cash and will be closing on my house soon. The home needs rehab, but I will turn it into a beauty...I will rent that baby and purchase more investment properties and laugh straight to the bank!! Why get a fancy car or apartment when you can get a house!!!
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@GSDebunked LMAO!!
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The government is propping up real estate with Fannie Mae and Freddie Mac subprime mortgages. The only opportunity would be is if something has dropped 90 percent from the peak. In the short run precious metals are a better investment than real estate.
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@RETIREMESOON so you came out on top with your home. I just want to cross this off my list. I have waited years for a moment like this saving and investing until I can pay cash, now it's time but if I don't get this one I defintely want to knock it out this year. A home will help you build wealth.
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@mohammedabshaun .... I respect that you are paying cash for a good deal on a house.
I live in a house in Canada that I mortgaged to the hilt for investments and then I put CMHC insurance on it in case we fall like America is.
I grew that money into over 1 million in Gold and Silver.
We have a 2nd house that is paid for that my wifes mother has in her name and ours because she is in her 80's and we want to avoid taxes when she dies.
If we crash I hand in the keys and then buy it back cheap
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@RETIREMESOON By no means is this an emosional decision. We talked about this for a while and we always talekd about paying cash. Most people can't do that, they have to go into debt for things like this. I am freeing up my rental payment and going to use that to build more wealth. My price I am paying is far below your amounts. Do you have a mortgage?
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@mohammedabshaun M if you mean that you are motivated by your wifes desperate need for a home then I can see that.
I have a wife and I believe the saying " If moma ain't happy no one is happy "
You have to respect your partners needs but this is an emotional decision.
For christ sakes your a disciplined military guy that can wait to fire the shot when the enemy is closer ie 2014.
I wanted a new 6 plex in 1986 for 186 K wife said no way I want a new house.
Cost us 500 K in the long run
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@srystr77 I have a realtor that only handles forclosures, so he keeps me posted on what is available in the town. He has been in the business for 35 yrs.
Cash is KING and NO mortgage is a GREAT DEAL. God bless and if they don't jump on your offer I'll be VERY SURPRISED !! All my respect M .......come up to Canada someday and do business up here.
RETIREMESOON 1 year ago
@RETIREMESOON Actually I already have, I have done business in Toronot, Quebec, Montreal, Vancouver and Calgary. I love business in Canada much easier than the USA.
mohammedabshaun 1 year ago