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All Forum Posts by: Nate Roman

Nate Roman has started 11 posts and replied 28 times.

Post: What would you do with $125K?

Nate RomanPosted
  • Posts 30
  • Votes 0
Originally posted by nationwidepi:
In YOUR situation with your $125k, I would invest it in RE loans at double digit returns. That would grow your equity fast, and would not require any hnads on effort or time


Are you suggesting he become a private lender? I like the idea of picking up a bunch of SFHs with good cashflow.

Post: Are Home Warranty plans worth it?

Nate RomanPosted
  • Posts 30
  • Votes 0

Upon my return and going through my old posts, I saw that this one wasn't very popular when I posted it. I'd still love to hear everyone's feedback.

I am still not a fan of the home warranty, in case people care.

Post: Nate in San Diego

Nate RomanPosted
  • Posts 30
  • Votes 0

Hey everyone. I've been away from the site for a while, but thought I'd stop back and get involved again.

This place has come a long way!

Post: Pre-qualified versus pre-approved

Nate RomanPosted
  • Posts 30
  • Votes 0

Not a big deal! Thanks.

Post: Pre-Foclosure?

Nate RomanPosted
  • Posts 30
  • Votes 0

I can help you with part of your question. Pre-foreclosure happens before the actual foreclosure process. I'd try to explain, but I'm no expert. They actually have a good article that should help to answer your question here: http://www.biggerpockets.com/buy-pre-foreclosures.html

Post: Bank owned property

Nate RomanPosted
  • Posts 30
  • Votes 0

Hey Dee. Too bad you didn't get in there at $100k. I don't know much about this, but I'll revive your post in hope that someone else does. :mrgreen:

Post: Pre-qualified versus pre-approved

Nate RomanPosted
  • Posts 30
  • Votes 0

Thank you jandr for a straight answer. I get it. I hope mortgageman can learn from this as well.

You sure? I've heard both used here in California. Is it different here then where you're from? Does anyone else know? No biggie on the joke....its all good!

You never explained what pre-approved means, though. I get it for credit cards, but how does it work when looking for a home?

Post: Are Home Warranty plans worth it?

Nate RomanPosted
  • Posts 30
  • Votes 0

I never really gave it a second thought until recently, but I kinda think Home warrantys are a waste of money. Am I right? What is the point? I guess if your appliance goes haywire, it may be worth it, but it seems like you spend more overall with a warranty. Am I off here?