How to Build Wealth Through Real Estate With the “Two-Year Live and Move” Method

Buying multiple properties may seem like an out-of-reach goal, but today I’d like to share how accruing several houses through the “Two-Year Live and Move” method can help you earn wealth through real estate.

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At the Anderson Group, the idea that your life can be made better through real estate is the foundation of our company.

There are a few different ways this philosophy can manifest. For one thing, homeownership in and of itself can massively improve your quality of life. But what about buying multiple houses? If buying one house is beneficial, is buying several even more so?

Owning a lot of property is, of course, a dream many people share. It boosts your net worth and can even open up opportunities for earning passive income. That said, not everyone has the funds to buy and own more than one home at a time. If you’re on a fixed income, purchasing multiple properties might not seem like an attainable goal.

With all of this in mind, I’d like to share a method that can put this aspiration back within reach: The “Two-Year Live and Move” option. Here’s how it works:
The more investment properties you accrue, the more passive income you gain over time.
The first step is, of course, to buy a home. The next step is to live in the property for two years, building up equity as you do, and then to move on to your next home. Because your first home will likely have appreciated in the two years you lived there, you will be able to borrow from this equity to facilitate this move. Instead of needing to put 25% down, you’ll be able to buy your second home for just 3% or 5% down.

The catch is that, instead of selling your first home, you maintain ownership but turn it into a rental property. This passive income will allow you to continue paying off the property without dipping into your own personal funds.

The best part is that you can continue this process as many times as you want, accruing more and more investment properties (and, therefore, more and more passive income) over time.

If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.

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