All Forum Posts by: Michael Johnson

Without some specifics of the current state of your home sales business, it would be impossible to give an educated opinion on which path to peruse. Perhaps you could add some details?

Braden,

I am in the exact same boat as you are. I am also actively trying to find a partner/work around. I spoke to the broker who put together my primary residence loan and while this may not apply to your situation it may be good info. He said that if you can show proof that you are not solely responsible for the mortgage on your primary (i.e., your spouse pays half), then some lenders will allow you to qualify by basing your DTI calculation using only half your mortgage debt.

Thank you for the input guys. As usual, you are punctual and scholarly!

I was looking at the properties on homepath and as many of you know, you need to have a realtor submit an offer on behalf of the buyer/bidder. My question is, if I'm looking at a property out of state does my realtor have to be licensed in that property's state? or can they just be from any state?

edit: What about just contacting the listing agent from homepath and submitting a bid that way? is that feasible?

Welcome aboard! You're definitely in the right place for what you seek. Best of like to you in your future endeavours and don't be afraid to reach out.

LED light bulbs and a wifi thermostat were the first things we did when moving to our place, not big ticket items, but they more than pay for themselves in time, especially if you leave your lights on for security/aesthetics.

I read the book Zillow talk: The new Rules of Real Estate not too long ago that talked about the Starbucks affect as well as some other interesting facts that I think you might enjoy if you're into these types of things. A few examples off the top of my head are prices ending in 999 or 444, houses with the number 7 in the address, phrasing when listing a property and the corresponding sale price, etc.

I think these are fun things to look at but I don't think they should carry too much weight when it comes to acquisitions, although they are definitely signs of a more affluent and stable neighborhood...just my .02

sigh....as a San Diego native it pains me to see my city resort to such things. "America's finest city"....perhaps once

Who posted these ads, a realtor? or the owner? or an investment company? 

Good news there! it's always nice to read these feel good stories; helps keep me motivated!

Congrats to you good sir!