Jason in my experience most of the time the first is larger than the second.Most of the second in my neck of the woods were done with these 80/20 loans so no mortgage insurance would be paid out.Even though the same company originated the 1st and 2nd loan both loans were sold off to different parties.So if you have for instance a house that was bought on an 80/20 loan program it might look like this.Paid for house year 2005 200k 80% 160k and 20% 40k.Fast forward to 2010.

saw a cool quote the other day "when big brother has his boot on your neck, it makes no difference if its the left or right foot." something like that Im posting from my phone So close enough

Building a large reserve is OK by me, if nothing comes along when the balance reaches a certain point, I'll use large chunks of it to pay down mortgages.I also like old muscle cars, sold one I had a couple years ago to a man in Australia, more than doubled my money (I held it for around 4 years).

I think the economy getting better is definitely helping with lending in my neck of the woods.

REDC is typically fanne mae stuff in my neck of the woods.

Network around and see if you can find such a person in your neck of the woods.

Quick question:If I wanted to drive say a 70k muscle car as my company car, is that deductible if in the company name?

It's hard to believe people invest these sums of money to these types of individuals.In my neck of the woods everyone scrutinizes every cent of a possible purchase or investment so I can't relate.Glad they can no longer misrepresent and take advantage of others.

This will also helps in my neck of the woods since buyers and agents are a bit scarce at times...

It's that time of year in our neck of the woods too.