If none exist, do 2 yrs. 

I spoke to a local bank and they were talking 8.25-8.5 % amortized 20-25 yrs, due in three.

hello , kind just getting started in investing. i've owned a 3 fam. home for about 6 yrs. it's my primary residence so no cash flow really,2yrs ago i did a deal by accident,netted about 30k.bought and sold another 3 fam. but know i'd like to make a few deals a year, signed up w/ realtytrac,bought some of there ebooks by lance young. ok the question is i just got a call from someone offering a financal freedom course or some mentoring thing, can anyone tell me more about this ?

The listing says it is 11-20 yrs old, though I'm inclined to believe that it's closer to 11 yrs old.

I am 27 and i believe everyone in my REIA is at least over 45 yrs old.

What if I paid off in 20 yrs and how do I obtain the reconveyance?

I’ve had a lot of people ask how I buy most of my properties with cash, but not my own cash.First, I want to start with a typical lender parable.A guy walks into a Porsche Dealership and finds the car of his dreams, it will cost around $80K and since the Porsche guys don’t negotiate on price, he pays $80K.He calls his bank, and within 30 mins is zipping around his community in his new car.Never mind, it will never be worth what he paid for it, and the bank gave his a 2.5% rate for 7 yrs…I kid you not.Same guy finds a nice 3/2 home with hardwood floors in a “middle to working class neighborhood”.The home needs work, the AC is shot, needs paint and general updating.ARV is somewhere north of $65K, and HUD is offering it at $41K.He calls the bank, and the same guy that gave him 2.5% for 7 yrs on his car, laughs.Citing numerous laws and bank SOPs, he finds out that essentially this home, because of its price point (below $50K) is “unlendable”.Now the “how to”-The fact that you generally can’t get a loan for homes under $50K is a good thing for investors.Here’s why.These homes generally require much less than $10K in rehab.However, once the asking price goes below that magic number of $50K, it really means it can only be bought with cash, and that it will probably be bought for $25-35K.Yeah, that’s right.Why?

I borrowed $13K from my 401k to make the purchase, the other 3 and change is my own. 401 loan is for 5 yrs at 5.5%, about 250 a month.

Hello, my name is Val.I am  a homeowner of 5 yrs.

However, because of 20 yrs of doing things the same way, they're so tied to Realtor referrals, they're afraid to even say the two words Realtor Rebates, much less vote on my posts or ask questions about the subject on any forum.