How Larry and Bev Added $1500/month to Their Retirement

Larry retired and was looking for something to do in between rounds of golf. He and his wife decided to invest in real estate.

We qualified them for the purchase of a 4-unit and they decided to borrow a 10% down payment from their bank at a great interest rate. They found a great 4-unit property in Arvada at a good price and the sellers agreed to pay the closing costs. We set them up with a Low Start Rate mortgage to maximize their cashflow.

Why buy one when you can buy two at twice the price...

So they found another property in the same area and put 10% down on it as well. The sellers paid the closing costs and also gave them some money to upgrade the property.

Now Larry and Bev have about $1500 a month in cashflow coming in on top of their retirement income and Larry spends many enjoyable afternoons charming tenants.