Become a Millionaire by Owning - Rather than Renting!
by J. Tar

Have you ever dreamed of becoming a millionaire? Well, who hasn't right? Owning your home, rather than renting, can save and earn you a bundle. And owning real estate is one of the very few investments that is subsidized by the U.S. Government. That's right. When you own a home the government actually pays for part of the cost by allowing you special tax deductions. And by abiding by specific tax rules, you can actually earn substantial profits without having to pay tax on them.

David Bach, author of "The Automatic Millionaire Homeowner" is interviewed by CBS co-anchor Rene Syler regarding home ownership as one of the keys to becoming a millionaire. Bach says; "It's so hard to share that with people who are renting, but it's the truth. The average renter in America today is poor. They're worth less than $5,000. The average homeowner is worth over $172,000. In order to have wealth in America, you have to own a home."

And getting money for a home purchase is easier than every. As Bach puts it; "When you buy a home, the bank will loan you all the money (even without a down payment -- ie: no money down). You go into a bank to borrow money to start a business, no way. They're probably not going to give it to you," says Bach. "You go to borrow money to buy a home, they say, 'Here you go. Here's a check.' "

Enjoy this great interview and let us help you take the first steps!

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