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Marina Solo's Blog

By Marina Solo | Agent in Fort Lauderdale, FL
  • Building wealth with Real Estate

    Posted Under: Investment Properties in Wisconsin  |  May 11, 2014 8:25 AM  |  53 views  |  No comments
    DUPLEX FOR SALE

    With 3.5% $5250 down payment you can start building your wealth. 

    Seller will pay your closing cost at closing. 

    Your monthly payment will be under $750.00 per month (with 4.5 rate)
    Duplex has 2 bedrooms (rent for $650.00) and 3 bedrooms that you can occupy this side. 
    With this, you will pay $100.00 mo. payment + insurance $80.00 + Real Estate Tax $291.00 + $100 PMI (private mortgage insurance)

    Your total payment with occupying 3 bedrooms is only $591.00 
    IT IS LESS THAN RENTING 3 BEDROOMS!!!

    Don't forget, you will get a tax advantage for owning real estate. Real Estate Tax + Interest is tax deductible. $3492 RE tax + $5400 = $8892.00 is tax deductible, on average 28% savings, which is $2489 / 12 months = $208.00 savings per month. 

    So, with $591.00 monthly payment and $208 income tax saving, your real monthly payment under $400.00 FOR 3 BEDROOMS DUPLEX 

    Contact Lender, Jessica Benge with questions benge.jessica@gmail.com 
  • Smart Investor/First Time Home Buyer

    Posted Under: General Area in Green Bay, Home Buying in Green Bay, Investment Properties in Green Bay  |  January 30, 2013 7:09 PM  |  167 views  |  No comments
    Did you know that you can buy $200,000 duplex with as little as 3.5% down (approx $7,000), half of this downpayment, you will get from seller at closing (security deposits and rents of tenants, approx $3,500). So, you need only $3,500 to buy $200,000 duplex !!! Call me, I will give you more information 920.425.5555
 
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