Savings Corner
APRIL 4, 2024
If property values decline abruptly or a recession occurs , the lender could reduce your credit line, freeze it or even demand immediate repayment in full. The average mortgage holder now has $299,000 in equity , up from $274,000 at the end of 2022, according to ICE Mortgage Technology, a real estate data analysis firm.
Prairie Eco-Thrifter
MAY 26, 2016
I would go into the bank with my stubby little hands clutching my months worth of allowance (total of $1), deposit it and see the results right off printed in my book. Back then I had a passbook. Nice immediate incentive. This was part of my parent’s plan to turn me into a saver. Saving is a prerequisite to becoming an investor.
Savings Corner
DECEMBER 25, 2023
Buy crowdfunded real estate If you’re interested in investing in real estate but don’t want to do a lot of the heavy lifting (management, repairs, handling tenants and more), then another option is using a crowdfunding platform to invest in property. Some platforms invest in equity (stock), while others invest in debt.
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