Monopoly in real life…

With vacancy rates, mortgage interest rates, and property prices still low many people are considering starting their rental portfolio.  In order to start your rental property business, how do you finance your first home and get started?

If you can buy as an owner occupy and live in the property for 12 months you can get the best financing. Currently you can get a loan with as little as 3.5 percent with FHA financing and often times the seller may help with closing costs. After a year you can purchase your next property, live in it, and rent out the original. If you are thinking about your financial future and have time on your side this is an excellent way to get started.

If you want to buy a rental property without occupying, you will need 20 to 25 percent as a down payment for most loans and decent credit.  If you have cash or CD’s this may be a good time to convert your liquid assets into an investment property and increase your rate of return.

Now is a very good time to buy investment property. With some thoughtful planning and a little hard work you can increase your income stream and plan your future retirement.

For more information about purchasing and financing investment properties in the Boise, Eagle, Meridian, or surrounding Treasure Valley area contact me at this link or call me at 208.890.8390.  I’m always happy to assist with your real estate needs.


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Stop staring at it…

You’ve stared out that window for months since it’s been cold and wintery.  Now it’s time to make that backyard living space dream come true.

Go ahead, get your fingers dirty and soak up some of the vitamin D while you’re at it.  I hope you live somewhere like the Boise area that is enjoying some fabulous spring weather today.

I hope you’ll find some garden inspiration from this article.  Click here to read.

Thanks for visiting my blog.  Feel free to comment here or contact me to chat about the Boise, Eagle, Meridian, or Star real estate market.

BIG Dreams? NO Excuses!

Wow! Really inspirational story about a woman in Indonesia pursuing her photography dream even though she has no forearms.  I hope this will encourage you to look beyond any obstacles that you think might be holding you back from reaching your goals and dreams.

I also want to make a point of saying thank you to my favorite camera company, Canon, for recently donating a digital camera for her.

Watch the video or read the full article here…

If you are dreaming of a new home in the Boise Idaho area, I would love to help.

Dream BIG my friends!