Never Sell Your First Home

Book excerpt: As Soon as You Buy Your First Home, a Major Investment Win Can Be Yours-But Most People Miss It Too many homeowners lose a once-in-a-lifetime wealth-building opportunity. Brendan Donelson did. After moving into his second house, he recognized that selling his first home was a half-million-dollar mistake. The pain from it motivated him to do everything possible to help others avoid the same pitfall. Now, after more than two decades of showing his mortgage clients the remarkable wealth-building opportunity in keeping the first-and every other-home they own, Brendan has captured his insights and financing know-how in this practical, fun-to-read book. Never Sell Your First Home details why keeping your residence as an investment property is one of your best possible net worth strategies. Brendan shows how to finance a second home even without money from selling the first house. It's one of many keys he offers about how to make this investment work for you. And if you have sold your first home? No need to let that slow you down. This book makes clear the benefits of keeping whatever potential investment property you're living in right now. Brendan takes you step-by-step through a simple, secure way to explode your net worth and supplements his explanations with case studies of actual results. Is Your Investment Portfolio Ready to Take Off Like "Hailey's Comet"? Hailey's is just one of the wealth-building success stories you'll meet in Never Sell Your First Home. Before Hailey could make the mistake of selling her first home, Brendan showed this on-her-way-to-living-well schoolteacher from Colorado the huge financial win in owning rental property. From a Colorado school teacher to a Tennessee Fortune 500 CEO, you'll see six different stories of how homes at any level of value can be leveraged to create astounding wealth. Through this book, Brendan equips you to do what they did: Multiply your net worth far beyond the norm and create cash flow in the process. The especially good news is that everything Brendan teaches applies even if you did sell your first home. Start doing things the NSYFH way now, and you'll be better off for the rest of your life. "Brendan's approach is spot on. If mostAmericans could figure out a way to keep more real estate, they'd be wealthier.This book is a great read from an authorwho knows what he's writing about " -ArtLaffer, Economist, Author, and Economic Policy Advisor to President Reagan