OWN IT: The Ups and Downs of Home Buying for Women

It took me about four hours to read through Janet Musselman's new book, OWN IT: The Ups and Downs of Home Buying for Women, and it was a fun read.

Her book made me think about my first real estate acquisition. It wasn't a residence. I was in my early 20s and still renting. My thought was to buy an investment property that would cash flow. Since I couldn't find any homes that would produce an income in Newport Beach, CA, I decided to buy rentals out-of-state.

It didn't take long to turn a profit. I was on a high, so I started buying rentals in Orange County. It never occurred to me to buy a home that I would actually live in, especially when I could live on the ocean in a rental property for about ten times less than a mortgage payment.

But today, interest rates are low, and many women home buyers without big bank accounts are using FHA loans to get into a home. Others are cashing in stocks, bonds and mutual funds to put down hefty down payments. If you're a single woman who is thinking about buying your first home, Musselman's book will most likely help you . . . read more about OWN IT.

More Articles by Elizabeth Weintraub, click below:

• Single Women Home Buyers
  
• Home Buying Before Marriage
  
• Safety Tips for Women Home Buyers

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