We did a hotel deal that was finalized in getting a commitment on the phone in probably about 30 minutes, but: That isn't done by just anyone unless you name is Walton or Gates or Buffet or other very wealthy folks, where you might have some opportunity or cause and the investor(s) have knowledge of your offering, your reputation, your abilities to perform and where that fund raiser has the financial expertise and social skills to carry off such a commitment.

You don't want to be that guy :) I'd hate wearing a suit and having to shave and look pretty every day :) Just keep it up and you can wear whatever you want and drive whatever you want in a few years :)

Assuming it is the escrow and is 30 years and you could pay off your send mortgage, and again assuming it is still worth what you paid, you could get a new 30 year mortgage of around $196,500 and shave about $400 off your current payment based on today's rates.

For latecomers, it is very quick, fun, and cost effective to go door to door with a small cooler handing out ice cream or fruit bars.

No matter how you shake it, the cream always rises to the top.

class=AAnd the cream of the crop are the guys who are long-time active on BP!

Hey guys-Glad to see Cream City is well represented.

Working for any financial regulator will shave years off working in a bank as the work compresses the opportunities to learn and gain knowledge.

It's all subjective on a case by case basis.For instance one owner I know owns a multifamily complex of ranchers single story (over 100 units) on about 12 acres.Over the years retail commercial has built up all around it.The owner hasn't raised rents in 3 years.90% of the community is 55 and older even though it is not designated for that.The owner keeps it filled and does minor things to maintain it.Eventually it will probably be torn down and sold off for redevelopment.Knowing that it doesn't make sense to really over improve it and increase the rents.When buying a multifamily building you have to look at many factors and where it is located to determine what your plan will be.I like upping the rents slightly so that you get the increase but are still below market.As other shave said for someone to move and pay deposits and moving fees etc. they won't do it for a small amount.It's like a restaurant upping a burger 25 cents.You won't be happy about it but will deal with it.Up the burger at once by 1.00 and many might look for another place to eat.

These same banks serviced loans for trustees for years and have been paid on these homes 10-100x over, yet they are holding back inventory to make more cream on top of existing cream them made in the mid 2000s.The Too big to Fail should do just that.