“Twenty Properties with 20 Year Mortgages”

“Twenty Properties with 20 Year Mortgages”

 

 

 

 

Hey Joe,

I did it, I know you already know what I am going to say. I promised you I would let you know when the original mortgage you did for me 20 years ago was paid off. I got the paid note in the mail this morning. What a wonderful feeling. I look back over these 20 years where you and I became committed this mission. I have thanked you so many times, but this time is really special. Looking forward to letting you know again next year. Thank you my friend!

 

 

It is not very often when a young investor comes along and shares such a dream. “I want to buy 20 single family homes over 20 years and put 20 year mortgages on them and when the first one is paid off I’m going to retire from my teaching job”

 

Since he is a teacher his plan was to buy a single family home and fix or renovate it during the summer and then rent it out and repeat the process 20 times.

 

What a great feeling to know he is accomplishing his goal of having 20 free and clear homes and having a tremendous amount of cash flow.

 

“How can I assist you with your real estate investment dream?”

 

Subscribe to my blog via Email:

 

Enter your email address:

Delivered by FeedBurner

 

Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com

www.righttracfg.com

www.joepetrowsky.com

Like me on facebookfollow me on twitterConnect with me on linkedin

Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 2 commentsJoe Petrowsky • December 05 2019 07:58PM
“Twenty Properties with 20 Year Mortgages”
share
“Twenty Properties with 20 Year Mortgages” Hey Joe, I did it, I know you already know what I am going to say. I promised you I would let you know when the original mortgage you did for me 20 years ago was paid off. I got the paid note in the… more
“I Need a Favor”
share
“I Need a Favor” I have a friend since college days, Nick XXXXXX. Lately, we’ve been talking about the viability of me building a new home for him, that would involve the Reverse Mortgage. Nick has a couple of very "personal issues”… more
“At Some Price, all the Math will Work”
share
“At Some Price, all the Math will Work” Hi Joe, The seller’s Realtor told my agent that the sellers are old and are not willing to do much work, and looking at the inspection list that she voluntarily gave me (attached), it seems the sellers… more
“Happy Thanksgiving”
share
“Happy Thanksgiving” A man was picking through the frozen turkeys at the grocery store for Thanksgiving Day, but couldn't find one big enough for her family. She asked a stock boy, "Do these turkeys get any bigger? " "No, ma'am… more
“If You Didn’t Know How Old You Were? ”
share
“If You Didn’t Know How Old You Were? ” * Actor George Burns won his first Oscar at age 80. * Golda Meir was 71 years of age when she became prime minister of Israel. * At age 96, playwright George Bernard Shaw… more
“Focus on the Solution, NOT the Problem”
share
“Focus on the Solution, NOT the Problem” Good Morning Joe, I am working with Dana and Ed in the purchase of a home. We are submitting an offer for the attached property. The listing price is $250, 000. They have told me they are… more
“I’m in the Dreams Can Come True Business”
share
“I’m in the Dreams Can Come True Business” Hi Mr. Joe, I hope everything is well with you and your family. It is hard to believe that we have had our house for 10 months now. Thank you again for helping us accomplish our dream.. Now as I… more
“Not a Dumb Gorilla”
share
“Not a Dumb Gorilla” A gorilla walks into a bar in San Francisco at the Western Secondary and, to the amazement of the bartender, orders a martini. When the bartender gives the gorilla the martini, he is further surprised to see that the… more
“Both Can Be on the Title and Only One on the Mortgage”
share
“Both Can Be on the Title and Only One on the Mortgage” I spoke with you yesterday, what a breath of fresh air. Thank you so much for taking the time to help us! I am still absolutely amazed by how reassuring and helpful you are! It’s a… more
“No Compromise Can Mean a Lost Sale”
share
“ No Compromise Can Mean a Lost Sale” We’re all done with the property we have under deposit. The seller will not repair anything that the home inspector indicated was wrong and needed to be repaired. Even worse, in a year or two we need… more