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    The 100-Year Mortgage is Coming: How to Position Your Family to Avoid It: Financial Freedom, #218
    The 100-Year Mortgage is Coming: How to Position Your Family to Avoid It: Financial Freedom, #218
    The 100-Year Mortgage is Coming: How to Position Your Family to Avoid It: Financial Freedom, #218
    Ebook87 pages57 minutes

    The 100-Year Mortgage is Coming: How to Position Your Family to Avoid It: Financial Freedom, #218

    By Joshua King

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    About this ebook

    We should all strive to build generational wealth through real estate. However, we cannot expect our kids to purchase a home by themselves.

     

    The housing market contains many new players, including institutional investors, foreign investors, and Airbnb operators.

     

    All this new traffic increases prices, so our kids won't be able to participate. However, this is a prime time for lenders to introduce 50-year and 100-year mortgages to the general population.

     

    If our kids fall prey to these loans, they will become indentured servants for their lifetimes. The best thing we can do is start thinking about housing for them now.

     

    By the time our kids get into a position to purchase a home, they may be 50 years old. Therefore, we need to start doing the legwork to assist them early. If not, they will face a bleak future. Good Luck!

     

    LanguageEnglish
    PublisherJoshua King
    Release dateJan 4, 2024
    ISBN9798224598113
    The 100-Year Mortgage is Coming: How to Position Your Family to Avoid It: Financial Freedom, #218

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      The 100-Year Mortgage is Coming - Joshua King

      Table of Contents

      MILITARY FAMILY INVESTING | Joshua King | Home of the Free PDF

      The 100-Year Mortgage is Coming

      All Right Reserved Military Family Investing | 01  The 100-Year Mortgage is Coming

      02  What is Generational Wealth?

      03  Building Generational Wealth through Real Estate

      04  Mortgage-Backed Securities vs. Treasury Bonds

      05  The Two-Income Trap

      06  Should Both Parents Work

      07  The Perks of Becoming a Capitalist

      08  Is Homeownership Still the American Dream?

      09  America Will Never Let You Rest

      10  Should Multiple Families Live Together?

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      MILITARY FAMILY INVESTING

      Joshua King

      Home of the Free PDF

      www.militaryfamilyinvesting.com

      The 100-Year Mortgage is Coming

      How to Position Your Family to Avoid It

      01  The 100-Year Mortgage is Coming

      02  What is Generational Wealth?

      03  Building Generational Wealth through Real Estate

      04  Mortgage-Backed Securities vs. Treasury Bonds

      05  The Two-Income Trap

      06  Should Both Parents Work

      07  The Perks of Becoming a Capitalist

      08  Is Homeownership Still the American Dream?

      09  America Will Never Let You Rest

      10  Should Multiple Families Live Together?

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      Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it.  I have no business relationship with any company whose stock is mentioned in this article.

      All Right Reserved Military Family Investing

      01  The 100-Year Mortgage is Coming

      There are no more beautiful words than "generational wealth." We should all strive to leave our families in better positions than when we first built them.

      One of the main ways to create and maintain generational wealth is through owning your primary residence. Your kids and grandkids can significantly benefit from the compounding effect of holding real estate assets over the years.

      However, it is becoming increasingly difficult for younger generations to purchase homes. This friction will open the door for 50-year- and 100-year mortgages, which will not be good.

      Mortgage Positive: Make Cash Flow from Your Primary Residence

      Understanding the origins of the 30-year mortgage. I wanted to gain some insight into how 30-year mortgages become the real estate standard.

      Before the great depression, the usual way to buy a home was with a 5-year interest-only mortgage. At the end of the term, you would owe a balloon payment for the balance.

      Many people would refinance before the balloon payment, kicking the can down the road. This method worked until the Great Depression when banks didn’t want to lend money.

      The federal government gets involved, and the mortgages slowly move to 5-year, 10-year, 20-year, and 30-year commitments.

      Banks wanted to avoid holding mortgages on their books for 30 years, so the government created Freddie Mac and Fannie Mae. These entities purchase mortgages from banks and create mortgage-backed securities.

      To Be Truly Free: You’ll Need $20,000/month in Passive Income

      Since the banks started holding mortgages for 1-2 months after closing, they profit most from origination and other fees upfront.

      Therefore, the larger the loan, the more fees they can obtain; they want bigger loans. Indeed, most of the Great Financial Crisis (2008)

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