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Stop Paying Your Landlord Buying vs. Renting How To Buy A Home Using an  FHA Loan and The $8,000  First Time Buyer’s Tax Credit  To Save Money and Build Personal Wealth
Stop Paying Your Landlord Steve Wagner – MBA, CIPS Real Estate Investment Consultant [email_address] ,[object Object],[object Object],[object Object]
Buying vs. Renting ,[object Object]
Buying vs. Renting ,[object Object],[object Object],[object Object]
Buying vs. Renting ,[object Object]
Buying vs. Renting ,[object Object],[object Object],[object Object],[object Object]
Buying vs. Renting ,[object Object]
Buying vs. Renting ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Cash Needed To Buy- Example ,[object Object],Purchase Price $200,000 Downpayment     -$7,000 Loan Required $193,000 50% of Mortgage Insurance Premium     $3,317 Loan Including 50% of Mortgage Insurance Premium $196,317 Closing Costs (up to 6% paid by seller)   -$2,571 Upfront MIP   -$3,317 Uses of Cash  Downpayment     -$7,000 MIP Upfront   -$3,317 Total Cash Out   -$10,317 Sources of Cash Adjustments At Close & Seller Closing Costs Paid  $5,000 Tax Credit Bridge Loan   $6,500 Net Cash Required   -$1,500
Buying vs. Renting - Example ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],With a qualifying FHA Loan and a Tax Credit Bridge Loan This Can Be Done With Little or No Money Down
FHA Loans - Buying a Home using a FHA Loan   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Buying vs. Renting - Example ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Buying vs. Renting ,[object Object],[object Object],[object Object],[object Object]
Buying vs. Renting – You Can Do This ,[object Object],[object Object],[object Object]
For More Information ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Buying vs. Renting Using FHA Loan & $8,000 First time Buyer Credit

  • 1. Stop Paying Your Landlord Buying vs. Renting How To Buy A Home Using an FHA Loan and The $8,000 First Time Buyer’s Tax Credit To Save Money and Build Personal Wealth
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