OPM

By
Real Estate Mortgage Broker with Wells Fargo Home Mortgage

Have you heard of OPM? That is the key to wealth. Other People's Money. Why use yours when you can use others? When you buy a home with an FHA loan you are  using OPM. You put down 3.5% and the lender puts down 96.5%. If the value of the property goes up you are making a giant return. For example if the home is $200,000 and you put down $7000 and the property increases to $207,000 after nine months you just made $7000 on your $7000, or double your initial investment. Can you do that in the stock market? Use a Realtor buy right and use other people's money.

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Peter Cannon

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Mortgage News You Can Use 414-416-9194 FHA loans, VA loans, Jumbos, Purchase, Refinance, Home Equity Lines of Credit, Grants for Downpayment Available. Trusted, Experienced, Concerned About Your Needs First Time Buyer Assistance Fast, Friendly Service Fast, free pre-approvals Lines of Credit Available