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15 June 2021 | 6 replies
May I ask what line of work you are in with this degree?
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14 June 2021 | 3 replies
I always show my clients the real difference between that 3.75% 25-yr amortization payment from the bank (which will require 3-yrs business and personal tax returns, t-12/t-24 financials, balance sheet, paystubs, and do a global DTI etc) vs a "Secondary Market Lender" who will offer the 4.5 - 5.5% (on average) at 30-yr Fixed terms (who will typically NOT require anything regarding income, but focus on appraised value and DSCR).Taking a $500,000 mortgage:- 3.75% 25-yr Am (5-yr Balloon) = $2,570.66 P&I- 5.00% 30-yr Fixed (no balloon) = $2,684.11 ($113.45/mo difference)Take it further, many lenders offer buy-down options (often a 2:1 buy down, meaning for every pt you pay at close, you reduce your rate 0.50%) - 4.50% 30-yr Fixed (no balloon) = $2,533.43This is LOWER than the bank's monthly P&I Payment for 1 extra point ($5,000), which by the way saves you $150.68/mo from the 5.0% rate.
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14 June 2021 | 12 replies
If you decide to go to college get the degree with no debt and don't study stupid things like political science.
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15 June 2021 | 6 replies
Most fridge/freezers made in the past 10-15 years will not work in a garage under 35 degrees give or take, at least the freezer side.
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14 June 2021 | 8 replies
Check with the broker and the bank the degree to which you can trade these equities
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14 June 2021 | 0 replies
This is like knowing that normal body temperature is 97.6 degrees, but the thermometer says you’re at 105!
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6 November 2021 | 23 replies
@Charles Carillo hosts a podcast on this, the Global Investors Podcast.
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29 June 2021 | 25 replies
Global recognition, weather, close to beaches, major airport(rental cars), easily accessible to drive to for much of U.S., still affordable, real estate friendly for investors, within a couple of hours of 3 major cruise ship hubs and on and on!
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23 June 2021 | 2 replies
One already has a college degree.
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28 June 2021 | 6 replies
@Julian RiveraA comparison with the educational system would be that investing in residential properties (. 1-4 units) is high school diploma thru bachelors degree.