I stopped playing the lottery a long time ago. Even then I only played the large jackpots.  I'm finding myself tempted again. There are two huge jackpots right now totaling 2.6 billion dollars combined.  If I won eith...

When it comes to lowering mortgage payments and increasing your cash flow on an existing investment property, chances are you’re probably thinking about refinancing your loan and getting yourself into a brand new 30 y...

I got this screenshot from an email that I got today.For those of you that don't know, Lifestyles Unlimited is an investor "mentoring" group out of Texas that boast of worldwide membership.  The also have a daily hour...

Have you heard of the expression "stupid money"? It is when a herd of investors or speculators seem to be overpaying for an asset.In my market in Cincinnati and I guess almost everywhere in the country, "stupid money"...

Every single time I'm in any grocery store, walking the street, or anywhere in a posh neighborhood, esp. the Bay Area, I think: * "Golly, gosh, gee, how do these people afford these wonderful homes?"* "What do I have ...

It is confirmed Amazon chose Long Island City and Crystal City as number one and two for new headquarters. Let's track prices in those markets to see what happens.

I've read a lot of posts about this, and am still a bit confused. If I am purchasing property that the asking price is $99500 and the appraisal is at least $155K which makes under 65% LTV, if I am getting a hard money...

Went to the building dept in my town today, I have some electrical work that needs to be completed in order to get a clean certificate of occupancy, anyway they said that i needed a licensed electrician to do all of ...

Call me a patriotic fool but this is one great country and I often think it's but luck of the draw I was born into it. Happy to pay.
Honor might be pushing it.....
Sharon in Milwaukee

Heres the situation:

The house is owned free and clear

Seller is motivated but not desperate. It was listed on MLS and didn't sell.

ARV: $150k

Rehab est: 20k

My cash offer: 80k

I...