Her current mortgage balance is $314k.I told her to take the $14k @ 8%, and leave her existing mortgage in place.Here is the math you do in order to determine the average finance charge per dollar of debt.( [ rate1 * balance1 ] + [ rate2 * balance2 ] + [ rateN * balanceN ] ) / TotalOfAllBalancesIn her case, she proudly declared to me that she is sitting pretty at 3.625%.

I'm waiting till the weekend before I can have a long sit down and take notes from them.

Alvin East of the actual Park circle  take Buist east form there it will intersect with Oak.this is good I am sitting in Portlandia Orygun giving you driving directions clean across the country  LOL  you will find it can't miss it 5 brand new houses.

I should have paid attention I would be sitting much prettier now.

For a few details, I'm currently sitting at about a 90% LTV, have a full time W2 career as a senior financial analyst and am willing to bring cash to the closing table to bring the properties down to a 75-80% LTV.

I don't want to fall into the trap of buying because I feel I have to, but that said I've got cash sitting around drawing 0.01% that I need to do something with and this seems to be the best in my area, other than a distressed property I'm planning to snatch up if the current under-contract falls through.  

They also add depreciation back to the formula since that is a non-cash expense and they are really looking at cash transactions.I actually had a client recently sit across my desk from me and say "We're trying to go for a mortgage, so we need our income to be as high as possible.  

I was hooked, found the Bigger Pockets Podcast, and thanks to Uber's non-stop sitting in the car environment, I've listened to over 100 episodes of the podcast in just 3 weeks. 

I'd tend to steer people away from the practice rather than coach on how to do it -- there are better business models that are focused on adding value that I'd rather see people embrace.My meetup is really about sitting down and talking nuts and bolts, and, while I am agent, property manager, contractor, etc, I don't host the meeting to sell you anything nor do I charge anything to join, which many other meetups do.

No we have been sitting on it, but reached out to the Agent today for a viewing hopefully this weekend.