1st-time Home Buyers, and even 2nd and 3rd's -- take note! Building equity and looking at your home as an "investment" that should produce equity from day one has now returned into favor. Gone are the days when all people wanted was to step into the "good life" but mortgage their futures to a house payment that teetered on the ridiculous. Instead, what we're finding is people are ready, willing and able to build a little sweat equity into their property right upfront, with a little help from their rich Uncle Sam.
How? Through up to a $7,500 tax credit, and for certain areas of Des Moines, up to a $10,000 forgivable grant in exchange for buyer a fixer.
On November 1, at 11:00, the Two Rivers REIA of Central Iowa, LLC, will be hosting a seminar on "Rehabbing for Profit", hosted by Two Rivers and presented by David Seymour of the David Lindahl Group. David is originally from England but now lives in Boston and is on the road quite a bit, sharing his message about "Apartment House Riches" and "Rehabbing for Profit" -- two areas of RE investing that can makes investors, and even home owners, a lot of money.
If you're interested, check out the full story here.