Warren Buffet Picks This To Get Rich: Real Estate Investing For Beginners EVENT Warren Buffett, the great Warren Buffett, who we all know and love, and is usually a stock-and-company type of investor, has recently declared a top piece of advice for you on how to get wealthy! Buffett recommends that you get a 30-year fixed-rate loan because the 30-year fixed-rate loan is unimaginably good for real estate investing. Here is a little real estate investing for beginners tip for you, that always holds true. One of the most amazing things that exists in the United States is our ability to get that 30-year fixed-rate loan on any home we might want to own. The 30-year fixed-rate loan is where your loan payment and the balance never keep up with inflation. While everything else in the US economy expands with inflation, your mortgage stays the same. Inflation actually erodes the value of your loan year after year. For you, this is the heart of the process of real estate investing for beginners. Assuming your income is “regular”, and you have decent credit, a beginning investor such as yourself, can usually easily qualify easily for the type of investment property that leverages the 30-year-fixed rate loan to provide you with a bountiful retirement. The minimum investment or down payment that Fannie Mae allows you to put as an investor is 15%, with private mortgage insurance or PMI. So if you buy an investment property for $300k, then 15% will be $45,000 plus closing costs and loan costs— let's say it's less than $55k. Now you know how much your initial investment will be, that’s very knowable and therefore achievable. “Single-family homes are the most appropriate investments for “real people,” as opposed to uber-wealthy people, or the very experienced investors. The single-family home coupled with the 30-year fixed-rate loan is the perfect first step in real estate investing for beginners.” – Adiel Gorel, owner of International Capital Group Contact Us At: https://icgre.com