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Updated over 1 year ago on . Most recent reply

User Stats

71
Posts
39
Votes
Armando Carrera
39
Votes |
71
Posts

Just closed on our second property!

Armando Carrera
Posted

Hi everyone,

Wife and I just closed on our second property here in the west valley area of Phoenix. Yes the rates are high, but we can still afford this home (450k) with our little salaries. We gave 25% down. 

We are only 32 and 35 years old. We both grew up in paycheck to paycheck households all our lives. But being a bit smarter with money can help you save tons. 

We refied our first home when the rates dropped now we just owe 140k/12 years on it that will cash flow $400 a month that will help ease the mortgage on the new home. 

Basically what I’m trying to let everyone know, that 2 like minded, motivated people can achieve great things. Once (hopefully) rates drop we will be looking into purchasing a third home.

btw, I used a realtor I met on BP and he is awesome! Young energetic guy, contact me if you’d like his info. 
Sorry for being all over the place, we’re just super excited for another opportunity 

Most Popular Reply

User Stats

1
Posts
1
Votes
Ivan Syed
  • Phoenix, AZ
1
Votes |
1
Posts
Ivan Syed
  • Phoenix, AZ
Replied

Hi Armando,

Thank you for sharing, this is inspiring. Me and the wife also moved to Phoenix, and we are currently in the search of a home. Do you mind sharing your realtor's contact?

Thank you, and really appreciate it.

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