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17 January 2025 | 20 replies
Lower risk all the way around.
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19 January 2025 | 10 replies
I get better investment options and lower expense ratio through my Roth IRA.
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16 January 2025 | 3 replies
We have made money buying properety based on cash flow (lower priced) rented out for a period, then selling to an owner occupant.
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15 January 2025 | 8 replies
Otherwise, I'd say watch those areas closer to Micron understanding the barrier to entry will be significantly higher in exchange for the lower risk.
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7 February 2025 | 2 replies
That would mark the third rate cut in a row, a full percentage point lower since they started cutting in September.
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9 January 2025 | 2 replies
While I could have gone lower I am lowering my risk tolerance because I expect a recession in late 2019 to 2020.
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17 January 2025 | 9 replies
I used to live in the lower mainland but invested where the numbers work like Vancouver Island or Northern BC.
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17 January 2025 | 12 replies
So when I get multiple bids and one is significantly lower, I don't think of them as a deal.
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11 January 2025 | 7 replies
You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1 Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.