20% Down vs Shared Appreciation | Which Saves You More? скачать в хорошем качестве

20% Down vs Shared Appreciation | Which Saves You More?

In this Know Before You Owe episode, Jim Black interviews Sanjay Kuchinmampur of Steadworth, discussing how their platform helps first time home buyer and others leverage real estate for wealth creation. They demonstrate the platform, including setting a home purchase price and choosing a wealth share plan, offering valuable real estate tips. This conversation provides practical insights into how to buy a house and how to build wealth through property, emphasizing personal finance strategies. 🏡 What Is Steadworth? Steadworth co-invests 10%–15% of the home’s purchase price alongside the buyer, helping them reach a full 20% down payment. ✔ Lower monthly mortgage payment ✔ No private mortgage insurance (PMI) ✔ Reduced loan amount ✔ More financial flexibility ✔ Shared appreciation (upside only) ✔ Fixed 5- or 7-year term The buyer keeps: 100% of equity from principal paydown A majority share of appreciation All financial flexibility from lower payments Steadworth shares only in the appreciation — and even shares in downside risk if home values decline. 💡 Why This Matters in Today’s Market With: -High interest rates -Rising home prices -Escalating rents -Slow wage growth -Tight housing inventory Many creditworthy families simply can’t afford the monthly payment on a 90–95% loan. This model reduces the loan size — which reduces risk, improves affordability, and increases long-term wealth creation. 🔑 Big Takeaway: If you can lower your monthly obligation today, you create financial flexibility. That flexibility can be used to: Pay off high-interest debt Invest in retirement Save for college Build reserves Or simply breathe easier each month This is about smart leverage and informed decisions. If you're a: Homebuyer Realtor Loan Officer Builder HR executive Employer looking for competitive benefits This is a must-watch. 👍 Like, Subscribe, and Follow for more conversations that help you make smarter financial decisions before you owe. #SharedAppreciation #FirstTimeHomeBuyer #20PercentDown #MortgageStrategy #HomeAffordability #WealthBuilding #RealEstateInvesting #NoBeforeYouOwe