Hard times all around.Really depressing.But then Grandville was bustling and so was Grand Rapids itseemed.

However, if you want to rapidly build a large rental portfolio that generates enough cash flow to live on and build a significant net worth, that is what you need to do.Please note that I live in Ohio.

Tobacco, of course, is a non-discretionary addiction.She's obviously trolling for a sucker, of which said species are rapidly disappearing in these wonderful economic times.If she built it in '89 she may have built up some serious equity in the property.

Of course there were only 4,000 members back then.Now it takes an hour or two just to scan the new posts.

The ROI is very good, and the value is likely to increase in the coming years (once the mortgage industry is revamped and loans are again available there is a good chance values could increase more rapidly).

They term it "rapid acquisition" which tells them you're a high risk borrower (like me!

Here's my dilemma: underpriced condo in rapidly progressing neighborhood of very desirable city.

New to Grand Rapids mi and the competition is crazy..

Hey everyone I just wanted to share our first full house flip in the Grand Rapids, Michigan area.

DO NOT and I mean DO NOT contact those creditors or make partial payments to them.What that will do is REFRESH and old negative account and make the credit score take a nose dive.It is true it takes usually 1 to 2 months to update changed results in the scoring model.If the buyer has a time sensitive loan issue the lender can do what is called a "rapid re-score" with the credit which will update the credit report score much faster but costs money.In addition to paying down the cards your buyer can also request a credit line increase on all the cards.If 3 out of 5 or 2 out of 5 increase the limit that will help bring down available credit percentages to used credit even more.Even though the buyer is at 680 they want to try to get the score up higher.You do not want to be right at where the score requirement is and then something happens and you are off by a few points.Do not close credit lines.One of the scoring criteria is length of active credit history in good standing.If the buyer has 5 cards and 3 are 2 years old and 1 is 1 years old and the last one is 4 years old then you have a 4 years history.If you close out the oldest one your credit history in good standing has dropped to 2 years now which affects the scoring model.The buyer should stay away from big purchases cars,furniture,appliances,vacations,weddings,etc. until AFTER they have closed on a house and moved in.Those types of purchases are much more lenient on debt ratios than house loans these days.