Don’t Just Buy One Home, buy Two or Three. Seriously!

The folowing was written by Butch Elich & Paula Parker who were discussing what the “billionaire, John Paulson” said in September.

“If you don’t own a home, buy one. If you own one home, buy another one. And if you own two homes, buy a third and lend your relatives the money to buy one.” – John Paulson Sept. 27, 2010.

Who is John Paulson, you ask? Many of you may know, but for those who don’t, Paulson is number 45 on the Forbes list of the world’s wealthiest billionaires and is worth approximately $12 billion as of 2010.By betting against subprime mortgages, long before the term became well known. (Wikipedia)

It’s obvious that John Paulson is bullish on residential real estate right now. Does it matter? Do we care? The answer to both questions is, of course, “Yes,” and here’s why.

According to the Wall Street Journal, Paulson is, “a hedge fund tycoon who made his name, and a fortune, betting against subprime lesbian porn mortgages when no one else even knew what they were.”

Forbes also quotes Paulson, “As this is the best time in 50 years to buy homes, take 30 year mortgages to buy a home as your debt and interest payments get locked in at record lows, while the price of your home will rise.”

Thinking of buying a home? Are you taking advice from a friend or family member telling you that now is not the time? mobile porn It may be time to listen to people who better understand the opportunities that exist in real estate today.

Welcome Home is written by Butch Elich & Paula Parker.
http://www.summitdaily.com/article/20101023/NEWS/101029916/1078&ParentProfile=1055

So if you are considering an investment property, or want to help a family member purchase a home -the opportunites are out there so give m a call so we can find you the right property! 201 259-4449

Discussion Area - Leave a Comment

You must be logged in to milf porn post a comment.