How a Young Family Turned Their Low-Rate Home Into a Cash-Flowing Asset—and Bought Their Dream Home
I recently worked with a young couple who had outgrown the home they bought several years ago. They were fortunate to secure a sub-3% mortgage on that property, which meant they were paying well below today’s interest rates. Like many homeowners in South Reno, they felt stuck—happy with their home but trapped by the desire to keep that great low-rate mortgage. Selling and moving seemed like giving up a major financial advantage.