In September, the Federal Reserve raised interest rates for the third time in 2018 and they’re expected to go up one more time this year and three times next year.  If you have a Home Equity Line of Credit, HELOC, you’re paying more to use that money and it is going to become more […]

FHA allows owner-occupants to purchase up to a four-unit property with a minimum 3.5% down payment.  The rent collected on three units could be used to make the payment and the owners’ pro-rata share would be less than ¼ of the payment itself. The owner-occupied unit would be considered their principal residence.  The other three […]

It may be an all too common belief that a person will have a house payment and a car payment for the rest of their lives.  However, with a plan and some determination, you can be mortgage free. Planning for retirement is obviously important and many times, an activity plagued by procrastination.  Some homeowners’ goal […]