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Updated over 7 years ago,
Starting off in Central New York/Albany area.
Starting my career graduating from school this Friday July 7th. Now that it's time I can get a job iv been forcing bigger pockets everything into my brain preparing for my future investments.
Question is....my local credit union has a first time home buyers program I want to take advantage of. Briefly online it says you build a line of credit with them over a year putting in $1800 in a new account. After the year they will reward you with a loan at 20% forgiveness and 4X your 1800$ investment to 7200. Has anyone done one of these and know of anything to look out for?
Over that year I plan to save 15 thousand dollars from my job as well to buy as much property as I can or best ROI I can get for my next purchase.I want to use the "BURR" method heavily the next 10 years.