While it gives us a boost from interest expense savings today, it is NOT a great sign for the economy!!!

Thank you Steven Morales, Leo Kingston, and Steven Thomas!

Moral of the story, Fannie Mae and Freddie Mac along with HUD loans are not sold down to street level investors.  

The fed can do more QE and forward guidance but the jury's out on whether or not that will do anything other than give the stock/bond market a boost.  

I have now started furthering my experience by waking up at 4am and doing the "life SAVERS"(bp podcast 157)  before work and found a huge boost in motivation and enthusiasm.My Experience:I bought my first house last summer, 3/2 townhouse brand new.

@Carolyn Morales LOL I never maried so... yes??? 

You know, most every tenant does make a security deposit...4) Moral/ethical: "your surname looks Polish.

Hope this helps @Willie Morales

Hopefully that changes as it looks like population has steadied a bit, and if the train to Hoboken ever gets going, that will be a boost.  

We are going to MI still needing to boost our credit score and reduce our DTI ratio, etc, but the moment we decided that investing in Real Estate that could be a reality if we were committed, we went from spending $500/mo on Starbucks to devoting every penny to making real estate investing a reality!