by Lawrence Leung | Apr 15, 2025 | Home Buyers, Real Estate
Many renters assume that their first home needs to be a solo purchase, such as a starter condo or studio. While buying a smaller space is a great way to enter homeownership, there’s a powerful wealth-building strategy that many overlook—what we half-jokingly call the...
by Lawrence Leung | Apr 3, 2025 | Real Estate, Uncategorized
Before looking into savings strategies for a down payment on a home, it’s crucial to understand what lenders evaluate when approving a mortgage. Beyond just having enough money for a down payment, lenders assess your overall financial health to determine your ability...
by Lawrence Leung | Mar 26, 2025 | Real Estate, Tenant Education
Many people believe you need a 20% down payment to buy a home. While putting down 20% helps you avoid private mortgage insurance (PMI) and secures better loan terms, it’s not always required. What Is PMI? PMI, or private mortgage insurance, is required when you...
by Lawrence Leung | Mar 13, 2025 | Real Estate, Uncategorized
For many renters, the dream of homeownership can feel out of reach, especially with high rental costs, the challenge of saving for a down payment, and high property prices. However, with the right strategy, discipline, and financial planning, transitioning from renter...