Victoria Spinelli - Process, Systems & Efficiency Expert
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I help growing real estate investors who are overwhelmed by daily tasks to set up easy-to-use systems so they can reclaim their time and focus on growth.
Waiting to buy your dream home might cost you in the long run.
Instead, enter the market and start building equity more quickly.
Through natural appreciation, mortgage pay down plus your initial down payment, you will be able to upgrade to something closer to your dream home much sooner.
For example: in order to afford a $500,000 home all you need is a $25,000 down payment. If instead you tried to buy your dream home for a million dollars, you would need down payment of $75,000.
How long would it take you to save $75,000 versus $25,000?
This is something to take into account.
It might make more sense to purchase the $500,000 home with a $25,000 down payment, take advantage of the natural appreciation, mortgage pay down and your initial down payment to use towards upgrading to your dream home in the future.
11/21/2023
Learn how to maximize the First Home Savings Account to build your down payment while taking advantage of some amazing tax benefits!
Feel free to reach out if you have any questions.
How to Save $44K with First Home Savings Account using Only $26K of Your Own Money For many families, the dream of homeownership seems to be feeling more and more out of reach. But, with strategic planning and the creative use of financial tools like the new First Home Savings Account (FHSA), turning this dream into reality becomes not only feasible but also financially savvy. In....
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