Investing is a profession and doing it right takes a certain level of effort.Of course, the flip side is that without direct MLS data...the full data and not the watered down version off Realtor.com...it's harder to find your deals or do any sort of statistical research without paying an arm and a leg for the primary data.

Nothing I saw or heard said explicitly that you had to be licensed, just that you had to have a broker.

Bad borrower than yes 2% is justified but if your a clean A borrower with little to do than 1% is pretty much good deal.Local banks will pull the same deal as Mortgage Brokers sometimes but again banks have just there programs while Mortgage Brokers have all the banks and even the local ones too.What type of arm are you getting?

currently converting a duplex into a triplex and the numbers work out with an option arm on the first mortgage.

Bigger homes cost more to maintain and someone stretching themselves to get into the house may be susceptible to losing control after a large financial hit.Second is the explosion of Adjustable Rate Mortgages (ARMs) combined with the low interest rates.

Recently Bank of America is better than CW - points are high and the last conversation I asked about a straight 30 year fixed and the phone CW contact stated " those loans aren't our bread and butter loans" Pushing ARMS, etc.

I haven't seen any 50 year fixed rate mortgages... so why would anyone choose this kind of loan over an ARM?

I've ALWAYS distrusted my government, and would gladly take up arms against it to protect my COUNTRY.

I did it on a 5-1 Option ARM.

I read this article today and I think it makes a lot of sense. I think you can especially profit from it if you can lock in loan rates before the July 1 interest rate hike by the fed:

http://www.1stmillionat33.com/2...