All Forum Posts by: Todor Ialamov

I think a market correction is very likely to happen in the next few years. However I don't believe will be anything close to 2007-2008. The biggest difference in my opinion is the ease mortgages were given back then (we all know how tough it is now). I bought my first condo in 2006 at the top of the market. I was working in a restaurant and showed $12K on my W2. Took a loan for $265K with no money down.

If a property is cash flowing nicely now it will easily survive the "crash" !

I recently bought a three family house in Lawrence MA that came with a home warranty. Called them on three separate issues, found a reason to exclude all three from coverage.

These companies are nothing but one big scam!!!