Build Wealth God's Way Through Real Estate
REAL ESTATE: One of The Best Investments You Can Make To Build Wealth!
If you already own a home, then you’ve made a great investment. You may even own more than one home and or income property. If so, then you know this is one of the best investments to build wealth. However, this isn't a lesson in the mechanics of home ownership and investment techniques. The information on this page is entirely geared toward using God's financial principles to purchase a home if you don't have one, make your real estate money grow, or make your investments enjoyable rather than a drain on your finances. If you are a home owner and have little or no cash flow, you need to get involved with God’s financial program to make your investments benefit you. Besides faith, your steps of action would be to budget, save and invest. Here is a PDF book written by the Federal Reserve of Dallas that will help you do that.
Building Wealth PDF...Securing Your Financial Future
Financial investments to build wealth should never take a person out of a state of being wealthy.
Investments, such as property, are fruitless if they keep you from experiencing a peaceful and joyous life in the PRESENT MOMENT! After all, this website is about wealthy living now, not tomorrow.
First and foremost, you should be enjoying your life as well as the process of building wealth. When you’re not, you’re living in the past or the future. In this case, it would be the future. Even though your children will benefit from your investments, it’s right that you enjoy them too, or at least not allow them to cause you emotional stress. For example, if you believe you can’t afford your property investments, you’ll stress over mortgage payments, taxes, and maintenance costs. You can’t allow greed to be a factor in your investing to build wealth. When you do, you’ll go beyond your faith range and you’ll only have stress. This isn’t a limitation God puts on you, but the limitation of your mind’s ability to believe for someone with unwavering faith. Take faith steps when investing, and you’ll see greater growth because you won’t have the stress that will cause you to believe you are cash poor. An investment should be for the good of your future, with visible benefits to make your life enjoyable today. You shouldn’t be struggling with your financial assets, you should be in control of them. Therefore, some of your investments should be available for short-term liquidation if you need cash for a business project, an expensive vacation, or whatever desire you have that might be costly. Real estate investing, whether it be only for your living enjoyment or as a business investment can and should provide you with peace of mind rather than a stressful existence. If you are barely making ends meet because of high mortgage payments or multiple loans from real estate investments, you need to get involved with my Wealthy Living Program to build wealth God’s way.
Begin with "Study: Step 1" by clicking on the navigation link at top left.
It will help you to understand that personal wealth building through investing can never be used as a quick fix for financial difficulty. You are going to have to make changes in yourself, your thinking, and your spending before you can do that. Otherwise it will only be a source of more problems for you.
Build Wealth For Real Estate
TAKE YOUR REAL ESTATE BY FAITH:
If you've never owned a home or any real estate and feel it's an illusive dream, you must develop wealthy thinking by believing the purchase of a home or land to build a custom home is attainable NOW. If you don’t do that, you probably won’t be able to save the money you need or qualify for a mortgage loan. It’s a process that has caused many by faith in God to purchase a home or real estate to build a custom home. This means that they first saw themselves as homeowners in the NOW, and not sometime in the future.
OBSTACLES TO PURCHASING YOUR HOME OR REAL ESTATE INVESTMENT FOR BUILDING WEALTH:
1. Not Enough Money For A Down Payment On A Real Estate Loan 2. Unable To Qualify For A Real Estate Loan 3. Bad Credit
4. Unable To Set Real Estate Goals And Keep Them
If you want a home, then God wants you to have one. In Deuteronomy, God tells us that we should have land and homes, that we should prosper in all we do and everything we touch. If you're experiencing any of the financial problems above, don’t ever think it’s impossible to become a homeowner. Believing you have your home before you physically see it will change your circumstances and cause you to build wealth for it’s purchase. However, you must remain focused upon your desire and you must work at solving whatever problems you have by faith with the proper sources to help you. I’ll show you how to take practical steps to fix your credit problems for a real estate loan. Using Steps 1 – 4, you'll learn how to build wealth God’s way to help you believe for the down payment money needed and the monthly payments. I did exactly that twice without credit. Having no credit can be worse than having bad credit.
However, because I like to teach by example, I’ll include a story here about a young woman who decided she was going to purchase a home by faith. Sadly, to this day she still doesn't have one. In fact her financial affairs are in a worse state than they were a few years ago. Her ability to become wealthy are practically zero unless her thinking and corresponding actions change.
She decided to use faith by purchasing furniture for the new home she was believing she would have. Sounds good, but she was buying on credit and she didn’t have room in her apartment for them.
She had two evictions already from her past before she was married, and had just created another after she became discouraged and walked out on her husband. She hadn’t been making their car payments and was ready to lose her cars. I don’t know if she blamed God for her not getting her home, but she blamed her young husband.
She became discouraged and bitter because she didn't have the God kind of faith, but an arrogant attitude to believe that faith would absolve her from her past debt and cause her to overcome the evictions she had created. She lost everything. Her past evictions made it impossible for her to rent, so she’s presently worse off than someone out of prison and on probation.
This story is sad but true and quite an exaggeration from most people’s situations, but I wanted to make clear the need for getting your life in order while you use faith for what you want – especially a home. Take responsibility for your actions, so that you can help God help you. Then you’ll be able to build wealth. This has nothing to do with being a good person; God's blessings work no matter what, but it's best to keep them centered upon Him to get the most out of life and to serve Him. So, remember that it's your thinking that will keep you from receiving what belongs to you, not God.
For example, that young woman’s husband overcame the eviction his wife caused by believing for favor with their apartment manager and got it out of his name. He began working on his credit and believing for more money from his work. He’s doing quite well financially by building his wealth with faith and in peace. His boss promoted him because each day he worked his job with an attitude of success in all that he did, no matter what the task. He’s now running part of the company with the ability to make commissions along with his salary. By using faith to build wealth, God will step in and not only help you, but speed up the process to cause the money you need to come to you through a variety of ways. Whatever your financial problems, God will heal them. If you want to purchase real estate but have financial obstacles, trust God to help you and then do your part to fix your bad credit. He'll provide the money you need for a down payment and he’ll help you to qualify for a loan. You can also believe for the cash to purchase a home, but if you've never believed God for even a nickel, you may want to work up to it.
Talk with a reputable lender to find out what you can qualify for, and if you don’t earn enough money, begin to believe for a lump sum of money for a large down payment to help you qualify, a raise, promotion, or new job. Add positive actions to your faith and you’ll have your new home.
In conclusion, make a list of all the reasons keeping you from getting your home, and tackle each by faith. That's what I did to get my first home and my second. Remaining organized in your goal setting can be the difference between owning a home or giving your money to a rental company each month. Remember, with a home you have tax benefits, with an apartment you don't. So when you think of building wealth, think of home ownership.
Loan and Real Estate Referral Resources To Build Wealth
|
