unfortunately you have to pay a % to exchange your money (my guess is 3-5%) and not sure if there may be fees on top of that at the bank. so if you are dealing in two currencies be aware of that. it goes two ways. ie if you buy something on a credit card and refund if you are charged twice for the exchange.

Or did you make the mistake of canceling your cards?

For five years, you'll break even if it appreciates 2.5% annually, and you'll get your 25% if it appreciates 6% per year.

He rehabs, rents to own for five years netting ridiculous profits.Vicky

You only own one rental and you go five years with absolutely nothing going wrong, all the time earning $100 per month positive cash flow (or so you think).

Like the rehab wasn't full of enough surprises...isn't it somewhere in the cards for me to have something roll through smoothly by now?

"I buy properties regularly" I wish I would have put that on my business card instead of Real Estate Investor.

I answer one hundred and seventy five phone calls on a SLOW day and all I ever hear is how I'm not doing enough.

I know I did receive a lot of post cards from Realtors wanting to list it.

Rates on 30-year mortgages rose for a third straight week, striking the highest level in eight months and the30-year, fixed-rate mortgages averaged 6.42 percent and the rates on 15-year, fixed-rate mortgages, a well-liked choice for refinancing, rose to 6.12 percent this week, up from 6.06 percent last week.Rates on Five-year, adjustable-rate mortgages averaged 6.19 percent, up from 6.02 percent and One-year, adjustable mortgages were the only category to show a decline, dipping to 5.57 percent from 5.64 percent last week.CheersSamantha