Updated over 2 years ago on . Most recent reply
Just closed on our second property!
Hi everyone,
Wife and I just closed on our second property here in the west valley area of Phoenix. Yes the rates are high, but we can still afford this home (450k) with our little salaries. We gave 25% down.
We are only 32 and 35 years old. We both grew up in paycheck to paycheck households all our lives. But being a bit smarter with money can help you save tons.
We refied our first home when the rates dropped now we just owe 140k/12 years on it that will cash flow $400 a month that will help ease the mortgage on the new home.
Basically what I’m trying to let everyone know, that 2 like minded, motivated people can achieve great things. Once (hopefully) rates drop we will be looking into purchasing a third home.
btw, I used a realtor I met on BP and he is awesome! Young energetic guy, contact me if you’d like his info.
Sorry for being all over the place, we’re just super excited for another opportunity