The loan from the exact same bank at the first of the year was in line with what the rates were in Dallas, so I figure this one was more or less in line.End of the day, I think we are in a interest rate rising environment, imo its time to lock in long term debt,  clean up the personal balance sheet, sell marginal properties and be very selective on purchases.I know we are being a lot more selective in the offers we make.

Hello, I am a new wholesaler & I have a motivated seller with a home in the beginning stages of foreclosure, whose balance on the home outweighs the ARV.

@Don Ireland, I just listened to a podcast about this last night and the interest rate on the HELOQ doesn't really matter because the HELOQ is calculated as an average daily balance, you are paying less every month, and your balances go down quicker. 

All that is required for proof is a screen shot of you current bank info with your name on account showing a balance greater then the offer and with account number blocked out.

Think those tax deferred investments in the regular market are an important part of a balanced portfolio.

My loan balance after closing was $40k. 

However, if you look at the supply closely, the inventory is still considered extremely low.  6 months supply is a balance market.  

This is for small balance commercial retail which might or might not fit on your land.You could have an acre but it is a really weird shape than a standard rectangle or square which can make laying out a site plan that works and is profitable for  a developer difficult.

Not anymore, at least.So, the loans are kept on the balance sheets. they reset them at 5,10,15 year intervals depending on the terms.

(Subtract that from sales price to get loan balance.) • How much are the monthly payment on the mortgage?