Stop Paying Rent and Start Building Equity

Stop Paying Rent — And Own Your Own Home

If you're like most renters, you’ve felt stuck—unable to personalize your space or make progress toward financial security. The good news? Buying your first home might be more achievable than you think.

6 Little-Known Facts That Can Help You Buy Your First Home

1. You don’t need a massive down payment.
There are first-time buyer programs that allow you to buy with far less money down than most people assume. Even if your spouse owned a home before, you may still qualify.

2. Some lenders help with down payment and closing costs.
If you’re debt-free and own assets like a car, lenders may allow you to leverage those assets to help fund your purchase.

3. Sellers can help you finance.
Some sellers may hold a second mortgage as part of the deal. It’s called a seller take-back—and it can reduce your out-of-pocket expenses.

4. You may be able to generate your down payment without going into debt.
There are creative ways to use investments to produce a tax refund large enough to fund your down payment.

5. Credit issues? You still may qualify.
If you have equity or more than the minimum down payment, many lenders will still work with you. Seller take-back options can help here, too.

6. Get preapproved before you shop.
Preapproval gives you peace of mind and leverage. It guarantees you’re backed financially and keeps your search realistic and focused.

You’re Already Paying a Mortgage — Just Not Yours

Rent is essentially a mortgage payment that builds your landlord’s wealth, not yours. Making the switch to owning means every dollar works for you.

📞 Call to Action:

Ready to stop renting and start owning in Los Angeles?
Call Allen Mansour at 818-324-6266 to explore your options and find out how soon you could make the move.