Account Closed
Are prices going to start up again?
17 April 2008 | 37 replies
Plus it looks like the mortgage companies will be bailing out the folks who may lose their homes due to subprime or whose ARMs will be too high for them to afford.
Joshua Dorkin
Global Stock Markets Crash - Monday, Jan 21 2008
27 January 2008 | 20 replies
People cant buy and more people lose homes every day.
George Batton
Keep emergency fund or pay off mortgage?
23 January 2008 | 7 replies
Fixed up, it's easily worth $120k.
Rich Schroeder
starting a Real Estate Invesment club
2 April 2008 | 8 replies
Hi Rich,You're not too far from CCIA which is Chicago's largest, longest running and easily most respected club.
Jim McMillen
50% rule
16 October 2018 | 78 replies
Not really looking for any short term positive cash flow at this time, just properties that easily pay for themselves.
Mark P
Is the risk bigger than the reward
1 April 2008 | 8 replies
At $250K to buy and $40K to rehab, if you can actually sell it for $315, you will lose somewhere between $20K and $40K.
Christian Malesic
Veto of Mortgage Relief Bill
27 February 2008 | 5 replies
If the default rate is reduced then the investors will lose money as they are betting on rising defaults.
Joshua Dorkin
Do You Protect Victims of Domestic Violence, Abuse, etc.?
17 March 2008 | 13 replies
I'd prefer to be able to sleep at night, rather than knowing someone lost their life because I was losing a profit in the short term.Just my two cents!
Mark Devereaux
8 apartments, hard money purchase/rehab
26 February 2008 | 2 replies
For six months with hard money, you could easily be looking at 12% of the borrowed amount, or $22K.
Aly W.
Please help with inspection result issues
28 February 2008 | 7 replies
This property is a TERRIBLE DEAL as a rental and you will almost certainly lose a lot of money on it.