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Homeowners invest hard earned money into their homes year after year. Sometimes, homeowners use that investment for themselves and find it a great solution to a financial problem. Refinancing your mortgage with an FHA loan can be a great way to put that home equity to use.

Many homeowners use their homes equity to pay off debts, college tuition, home improvements, or anything else you will need help with financially. Remember though that an FHA refinance is only available to homeowners live in the home as a primary residence. They cannot be used for second, investment, or vacation properties. Continue reading ‘FHA Mortgage Refinance Options’ »

From a young age, I have always been told to get good grades, get a good job, your home is an asset, save for retirement, find a financial planner, diversify and debt is bad. This advice had always made sense because everyone I talked to said the same thing. We are all taught the same formula for investing and at times it is difficult for most of us to be disciplined enough to stay on track with all of this advice. It was not until I read Robert Kiyosaki’s book Rich Dad Poor Dad that I began to look at investing from a completely different perspective. This formula is great if you want to invest like the majority of investors. The question is, can you become wealthy with this advice? I would say it is possible, but it is more difficult if you follow the pack of the majority.

Continue reading ‘Investments – How Do You Invest?’ »