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Turning $9K into $300K Real Estate Wealth

How would you like to turn $9,000 into $300,000 in ten years? Wouldn’t that be fantastic!

Not many people can save almost a third of a million dollars in cash in ten years, but people with ordinary incomes who can come up with a three percent down payment are acquiring significant wealth in real estate. AND…

people who can’t save 3% but who qualify for a down payment assistance program do the same!

One of the best ways to set yourself up financially is to become a homeowner. Historically, real estate doubles in value approximately every ten years. Let’s look at a scenario:

You put $9,000 down on a $300,000 house or condo. That $9K could be your own money, gift from family, or from down payment assistance, or a combination.

In ten years, your home is worth $600,000, assuming it doubles in value. You have now gained $300,000 in real estate wealth. This is not liquid cash you can spend, but it represents security.

If needed, you could sell the house and make a large profit, even after paying closing costs.

Or, you could sell and move up to a better house.

Or, you could keep the house until you owned it free-and-clear.

Eventually, you could pass it on to your children through your will. This is called generational wealth. It gives the next generation a big leg up financially. There are some groups in America who have not had the advantage of generational wealth. Now is the time to change that; and for your own family, it can start (or continue) with you.

Let’s go back to our example:

$300,000 gained over time
+ $9,000 original down payment
+ 18,000 paid down on the mortgage (estimated)
= $327,000 wealth accrued in real estate (estimated)

Let’s say you decide to spend $9,000 to buy a car instead of a house or condo. Ten years later, what do you have?

A car that’s worth less than what you paid for it.

Let’s say you decide to spend $9,000 on a cruise, a new wardrobe, and some souvenirs. Ten years later, what wealth have you gained?


It takes vision, patience, and self-discipline to save money for a down payment. For some people it takes applying for down payment assistance (if their income qualifies).

I could write a book on this topic and include sources for down payment assistance in all 50 states… oh, wait! I did.

If you want all the insider information on how to qualify for a home loan, and
the intel to get the lowest interest rate like the loan officers do, and
avoid the needless, stupid junk fees,
and learn how to avoid the pitfalls,
and what loan programs there are for people without top tier credit,

then head over to Amazon and pick up a copy of Get the Mortgage You Want Like the Pros now before the price increases.

I’m a huge fan of homeownership. My first house was a smelly dump, but I fixed it up and sold it for a $25,000 profit three years later.

I hope this inspires someone to become a homeowner. Please feel free to ask a question in Comments.

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