i've been reading a book, and it was speaking of leverage. it gave the following example:
price paid : $150,000
down payment : $30,000
original loan : $120,000
appreciation (assuming 1 year @ 6.1%) $9,150
method 1
...
The private lending world is rapidly changing, the once readily available private 30 year financing will continue to become harder & harder to obtain. Credit requirements are getting WAY more stringent. Say I hav...
If, as planned, the President closes the Line 5 pipeline from Canada, propane is expected to double in cost. Natural Gas should follow suit. A tech for one of the largest companies told us that they are expecting shor...
Hi all,
Was hoping to get perspectives / hear stories on how others approached the possibility of selling RE assets and using the proceeds to paydown debt on other properties.
Here is what I see as potential +’s and...
Hello everyone- Please keep in mind- that this post is of my opinion only, based on my knowledge of the US economy and real estate markets. Now, this discussion about a bubble and a crash in the real estate market has...
I would love to get a discussion going over this topic to see what other "in the know" armchair economists think. This chart shows mortgage interest rates over the past 30 days. Rates are directly tied to the 10-Year ...
I have heard many different opinions on the subject. Some people strongly believe that higher interest rates will have no effect on housing sales or prices. Others believe it will drive down demand and cause prices to...
The U.S. real estate market seems unstoppable as home prices across the country continue to rise. But basing on the recent data, is it safe to say that we are entering a buyer's market this year?When the market is unp...
Previously, the Federal Reserve indicated it would raise the federal funds rate four times this year. On March 16th the Federal Open Market Committee said it expects to raise the federal funds rate six times this year...
Hello BP, I am interested in buying this 6 unit apartment building. 6 Unit Building, Each unit is 2 bedroom 1 bath, 725 sqftTotal rent $3400 per monthTaxes $459Insurance $250Repair & Maintenance $300Cap Ex $150Vac...