Hi guys,I just finished this article and have been following this story for awhile. Considering there is no legal precedence on this sort of thing, it could have serious ramifications reaching far beyond New York. Jus...

We can agree that credit is tight in the current mortgage climate, right? Even for owner occupants with good credit, it would seem that banks are looking for reasons NOT to extend mortgage loans. Of course, investor...

How do we build more affordable housing in California? I mean we put in ten thousand layers of policies and bureaucracy for "safety reasons" and to "create jobs," but now there's no cost effective way to create/build ...

Hi Everyone. I’m looking at a property in the waterfront area of Jersey City that’s in a flood zone. I was wondering if anyone has experience in this area with properties in a flood zone and has a few minutes to chat ...

BP,In multi-family properties, how has your experiences been in renting to Section 8 tenants? I know an upside is that rent is pretty much guaranteed being the government covers most of it. However has anyone had any ...

The Federal Reserve has provided AIG $160 Billion dollars. Is it possible that the government fears that dirty secrets would come out if the insurance giant goes under. I have a couple of questions

1. How has the bai...

Hi there, I'm looking to buy a home in Sayulita (a neighboring town of Puerto Vallarta). Goal would be a small unit, close to the beach, where I can live a few months and rent out the rest. Prefer something close to t...

Not bad for one month:

$787 billion stimulus, now he wants $634 billion for healthcare and the House just approved a $410 billion pork spending bill.

$1.83 Trillion in his first month!

He still has 47 months to go...

got this in my email today and I wanted to share it. I like it because it "shows me the math" and how this works. it hit home with me. apologies to anyone who may have seen this already, and if you haven't yet, please...

http://www.cumber.com/commentary.aspx?file=032909.asp&n=l_mc

The way I see it this program has a far better chance of being good for the banks as well as the investors who leveraged these ...