Introduction

Hello. I am a very straight forward person. I have an idea that will be of great value to many of you. The following is basic, direct and to the point. If any of my ideas are of interest to you, great, I can help you, if not, thank you: for taking the time to consider them.

The questions I can answer for you are;

• How can you, a plex owner, who lives in your own plex, continue to have tenants pay a large portion of your mortgage while you add another piece to your real estate portfolio?
• How does living in my own plex allow me to make money in the current real estate market?
• Also, how can this be done for you with limited amounts of money in the current market?
• How can you make best use of the current real estate market and get a solid deal?
• Basic Idea

There is a very specific category of lending that benefits plex owners. If you both own and occupy the ~ that your are living in you can purchase another one as an owner occupier. Many lenders and banks will allow you to do this at low market rates with very low down payments. To be clear, the plan is to move into another plex and occupy that new home and as before, let the tenants pay a good portion of your mortgage.

The current market conditions in the Portland, metro area favor those who will purchase and move into their new home. Many sellers are agreeable to helping with the closing costs or reducing the sales price to move their properties. This is a good time to upgrade to a nicer home for yourself. Rents are going up all over the Portland metro area. The current market favors landlord's ability to claim higher rental income. Remember you will be vacating your current residence and will be getting market rent for that unit.

Now is the time to make these market condition work for you. Simply put, you can increase your property holdings and potentially increase your retirement income and retirement net worth. The purchase process can be very simply with my expert help. I have developed a simple and clear process that has helped many people just like you attain an additional property. By taking this step, those clients have added to there real estate portfolio. They are now building retirement income and net worth while their tenants are paying a large part of the mortgage. There are a few simple, basic rules to observe. We can review these points during a simple phone call or during our first appointment.

How to Begin

• A simple phone call works best.
• For quick analysis, you will need to gather typical information such as tax returns and pay stubs.
• From this point we can review options for your consideration.
• I will review these options with you and help create a plan that works for you and your timeline. This very important decision and a solid plan is the way to start.

Why David Labovitz?

Over 13 solid years of real estate lending experience counts! I offer expertise that leads to putting together a clear and understandable plan. Once informed, you will make decisions with confidence and no guess work. My clients will tell you, "They way we started is the way we finished!" No surprises!

Here is my contact information:

David Labovitz
Northwest Mortgage Group
16100 NW Cornell Rd. #190, Beaverton, Oregon
503-439-9191 office
503-515-8234 cell

NMLS Number: 130509
Oregon License ML 797