I recently wrote about how my oldest son bought a house 1 year out of high school. He was able to buy his home without a cosigner and without a down payment gift from his parents. We live in a low cost of living area and he paid $64,000 for …
First time home ownership is perhaps the largest financial struggle for most young people. It takes a lot of effort to save up for a down payment, maintain a decent credit rating, and find an affordable home. Just in the last 5 years of investing in rental property I have …
The Section 8 program is the common term for the Hud Housing Choice Voucher program. Section 8 covers a large portion of a low income tenants rent, and the tenant pays a small income based portion of the rent, in many cases the tenant’s portion is $0. Section 8 in …
American housing expenses are insane. I first wrote about this almost a decade ago back in 2014 when the median home sale price was $200,000 and the median interest rate was 4%. Today the median home sale price is $375,000 and the interest rate is 7%. For someone making a …