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Economic Update
(Monday, June 15, 2020)
It’s official: The longest expansion in U.S. history ended in February as the economy fell into a deep recession, according to the National Bureau of Economic Research (“NBER”...
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Folks - the rates I am being quoted on an investment property in Memphis have seemed to gone up from 4.5 pct around 3 - 4 weeks back for a 20 pct down 30 yr to more than or around 5 pct. For 25 pct down it seems to be...
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I am typically very conservative when it comes to taking on debt and over-leveraging myself. But I can't help but think about the currency inflation the Federal Reserve and government have been pushing the past few d...
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Happy 2024 BP Compatriots! Congrats, you made it 😉.
First post of the new year, where if you haven't read one of mine in the past, I do a brief, hopefully insightful, dive into real estate and financial markets. Plu...
The Fed has signaled something significant for mortgage rates. With inflation still rearing its head and the job market hot as ever, the Fed already has enough evidence to hold back on lowering the federal funds rate,...
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Ha! I'm NOT a stock investor. I gave it a shot, and well, let's just say I should stick to real estate!!
Bought a little ADR - "SAY" Just google it, and laugh at my misfortune. Basically, the Indian version of Enron...
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I am currently approved for a commercial loan that is amortized over 20 years, but with a 5 year term. At the end of the 5 years, are these typically "refinanceable"? Or should I be aggressively trying to pay this dow...
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I bought this property with a friend 3 years ago with an FHA loan 4.2% interest rate. We have been househacking the property for 3 years. I moved out to the DMV area but my friend is still househacking it.We bought it...