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7 December 2015 | 2 replies
I guess my question is, what's too far geographically from my residence to buy investment properties and still have some sort of life?
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7 December 2015 | 2 replies
For my personal life that's fine because this was always going to be a 5-10 year investment plan anyhow.
10 December 2015 | 2 replies
A) 5/1 ARM – 20-year Term; Up to 30-year AmortizationInterest Rate Options:1) L5 Resi Owner-Occupied 5/1 ARM No Point Rate + 1.00% + 1 point2) L5 Resi Owner-Occupied 5/1 ARM No Point Rate + 1.50% + 0 pointPresently: L5 Resi Owner-Occupied 5/1 ARM No Point Product is set at 2.50% therefore, the CML Non-Owner Occupied 5/1 ARM rate would be1) 2.50% +1.00% = 3.50% +1 point2) 2.50% +1.50% = 4.00% + 0 pointTerm: Max: 20 yearsAmortization: Up to 30 yearsFloor: The initial rate on the transaction will be established as the Floor rate for the life of the loan.Repricing: At the end of the initial 5-year period, the interest rate would reset to the then 1-year T-Bill Rate (Index) plus 325 basis points (margin)No prepayment penalties requiredInterest Rate Repricing Caps: 2% +/- at each change date; 5% +/- over life of the loanClosing fees: Utilize mortgage calculator fee scheduleStandard commercial real estate loan underwriting guidelines are required (i.e.
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8 December 2015 | 13 replies
I would say that $1000 for a weekend course is way too much... then again maybe for someone super recommended by other real life active real estate investors and on a specific subject I want to dwell I would spend that or more.
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11 December 2015 | 7 replies
Life interrupted and blessed me and my wife with beautiful twin girls.
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9 December 2015 | 14 replies
Have you ever done something in your life that you later regretted and were forgiven?
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7 December 2015 | 5 replies
I would not give away half my life savings in the divorce.
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8 December 2015 | 8 replies
Buy properties in life that make good rental property investment sense and first live in them as a personal residence.
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8 December 2015 | 6 replies
Life for a young investor couldn't get any better.
26 March 2020 | 13 replies
I have lived here(Madison County) my entire life.