What will you do when opportunity comes knocking at your door? Will you answer the door or stick your head in the sand! Well, that is what is happening today. For the first time in my lifetime (and I hate to admit it, but about 50 years) interest rates are at their lowest, with 30 year loans as low as 4.25% and 15 years loan under 3.8% fixed rates. What does that mean, it means that there is an opportunity to enter the real estate market with very little money and purchase a home that meats your needs. It means you can have the house you need without creating an unsustainable debt. It means you are paying more for rent than you would a home.
If you have extra cash it is the first time in a very long time you can purchase investment properties that will not only cash flow positive, but will cash flow positive after reserves. If you pay attention to the numbers a strong passive income can be generated in today’s market. Why would you not want extra income that was not tied to a company and a 9-5 job?
If you have not talked with someone about the advantages of the market today, then make a call and set up an appointment. Because sooner rather later, you will be saying “shoulda, coulda, woulda,” as you watch other people who answered the door to opportunity!
