Morris Invest’s Real Estate Wisdom: A Blog for Savvy Investors
Stealing the American Dream – CA Proposes Zero-Down Home Loan Handout to Illegal Immigrants
In a bold move likely to spark intense debate regarding the crisis at the U.S. border, California lawmakers have put forward a controversial proposal — Assembly Bill 1840. The bill, pushed by Assemblymember Joaquin Arambula (D-Fresno), is an amendment to the "California Dream for All Shared Appreciation Loans" program. It seeks to extend the state's zero-down, no-interest, no-monthly payment home loan program to include illegal immigrants. If the bill goes into effect, it can set a precedent that may be adopted by additional states across the country that have similar home loan programs currently intended for U.S. citizens only. This, in turn, could effectively set the stage for the American Dream of homeownership to be stolen from actual U.S. citizens and handed over to undocumented illegal...
CPI Indicates Interest Rate Hikes May End Pushing Real Estate Investors to Buy
Interest rates seem to have reached a peak, and we're seeing the 30-year fixed mortgage rate...
Reasons Why the 401(k) is a Bad Investment Vehicle to Retire On
Many investors can testify that the 401(k) is a bad investment vehicle to retire on. At the...
New Construction Build-to-Rent Properties are a Good Investment with a Skyrocketing Demand
The surging popularity of new construction build-to-rent properties among individuals and...
Why Rental Properties are a Safe Investment During Times of High Inflation
History has revealed that rental properties are a safe investment, especially in turbulent...
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