Ken Rishel
CFPB Fines MLO Individually
For those of you who believe the CFPB will not go after small operators, or that MLO's are experts on regulation that can protect you, consider this excerpt from a press release:The CFPB found that David Eghbali refer...
Ian Waters
ISO Proven wholesaler in Pitt/Lenoir Counties
Hey everyone,
I am about to close on an investment property in Greenville that cash flows pretty well, but the 20% down will consume a good portion of my liquidity. I am debating stopping the process to look for a...
Tariq Hakeem
12% of Americans saving for a new house
March Savings Index: Percentage of Savers Drops for First Time in 2021, but Still Higher Than Start of Pandemic
Ready to spend? With a lower percentage of consumers stashing cash in March than the first two months of...
Kamenin Earl Banks
Pay consumer credit first or save money?
Hi everyone!
I need some advice. I just read Sott Trench's "Set for Life". It was a great book and I am going to follow his ideas. But I'm struggling with deciding whether I should pay off my consumer debt first or ...
Account Closed
I/O (Interest Only) Mortgages, Good or Bad?
Very Good financing tools! As a Mortgage Broker, when you hear someone say I/O (Interest Only) mortgages are bad, the very first thing you think is that you're talking to someone who doesn't know squat! ...."Oh, we h...
Lloyd Segal
Economic Update (August 17-21, 2020)
Economic Update
(Monday, August 17, 2020)
The pandemic has reinforced and exacerbated many of the inequities in our soci...
Keith Meyer
California Drought - Impact on Housing Prices
With 2018 adding up to be yet another drought year in California, I'm surprised I don't hear more concern from real estate investors on the potential impact of the drought on housing prices.I see this as a two factor ...
J. Martin
Home Price Increases - Truth or Myth? Input from flippers?
As I hear day after day about rising prices and the biggest jump in real estate price indeces since 2006, I wonder how much of the measured increase is not actually due to an improvement in the market, but due to p...
Alex Pirila
To cash-out or Not To Cash-out?
Hi all,Here is the long and skinny… in 2019 my wife and I purchased a AZ home using a VA loan. After 9 months of sweat equity and renovation, I was offered a great job out of state we did not want to turn down. Fast f...
Tyler Davis
Housing Price Index Peak
What’s everyone’s thoughts on the crazy run and seaming spike we have in the housing price index? Are we going to have a financial meltdown similar to 2008?