Give Your Children/Grandchildren a Chance

Those of us with children have been and will continue to ponder the question of paying for college education.

Probably the most talked-about programs are Coverdell accounts and 529 college-savings plans. But there is a third option: what about purchasing an investment property on a 15 year mortgage and then "tapping" the equity when the child/grandchild enters college.

As I've said before, life's all about choices and diversifying into real estate does allow one to take advantage of leverage using other people's money (i.e., rent). Contact me if you need more information.