Just make sure to consume contents here as much as possible and feel free to ask any questions you may have.

Expensive and time consuming.......

Just make sure to consume contents here as much as possible and feel free to ask any questions you may have.

@Abel Curiel  IMO will really depend on where we're at with covid cases, inflation, consumer spending, bond market etc.   

She declined our offer, hunted us down in 2020 and we consumated the deal.

Time consuming at times, stressful, frustrating, but doable.

If someone has consumer debt, medical bills, car, or student loans it's not wise to purchase real estate. 

If you're passionate enough about your goals, then reinvesting that cash flow is a much greater reward than cashing out to purchase a *insert non-essential consumer good/service*. 

When an individual person gets a credit report from freecredit or Experian/equifax/TU it is a consumer credit report - not the same type as used in mortgage today.Some HELOC lenders are looking at using a Vantage score, another topic...Banks such as Wells and Citi stopped doing HELOCs this year.    

Some of the cheaper homes may look good on paper, but in reality they can be more time consuming and have higher turn overs and costs.By increasing your down payment, you do lower your mortgage payments, but then the cash flow is artificial in a way as you put more money into it up front to make it that way vs lower down payment but no cash flow and you doing smaller amounts of money each month (or when repairs happen).Expensive areas can be a problem.