The most recent mortgage rule change that has yanked the welcome mat from underneath first time home buyers has put the spotlight on Posted Mortgage Interest Rates.The Posted Mortgage Interest Rates used to serve just two purposes.

My husband and I have always bought homes, improved them and then sold them. However, about 6 years ago we decided to get ready for "our baby" to head off to college and started planning. We have always wanted to own ...

Try not to get too wrapped up in those assumption figures as they are merely there for example purposes.

In general, both B & C class properties enjoy being in the middle tier so when markets are doing better, D push up to C and C push up to B and when markets are doing bad, A push down to B and B push down to C.Either way, they are not really comparable for underwriting purposes. 

If the 30k debt is costs 5% a year and you can use the funds to create an 8% return then use it for investment purposes.

As a former contractor, it definitely is not worth being a GC for the purposes of flipping/rehabbing homes.  

@Zaquery AbbottPlease join the Note Closer's Indiana Group.It's a networking group intended for educational purposes for those interested in the note niche for performing real estate notes and non-performing real estate notes.

(Note, however, that if you have a group of foreign investors investing together in the United States through a single business entity (formed in the US, for instance, a Texas LLC), and that entity in turn invests in private securities, if the entity is saying it is accredited because all of its investors are accredited (Rule 501(a)(8)), its foreign investors will have to be accredited for those purposes -- that is a Regulation D rule and not Regulation S, however.)

Should I aggressively pay down the heloc, or pay minimum... and SAVE the rest in a bank account (for the purpose of MORE brrrr deals, maintenence, etc).Does that question make sense?

I'm moms with purpose .