How much have you saved down?

[JWM in SD]

In the short term, almost any currency other than USD. Longer term, the carry trade currencies: YEN and CHF. they will eventually unwind.

[blackbox]

I don’t understand the question.
I was saving to get a 100% option arm.
Have a kick ass car, however…………

haha

[blackbox]

I don’t understand the question.
I was saving to get a 100% option arm.
Have a kick ass car, however…………

haha

[blackbox]

I don’t understand the question.
I was saving to get a 100% option arm.
Have a kick ass car, however…………

haha

[patientrenter]

I’m not sure why everyone is so afraid to say their number. I have $180K in cash earmarked for a future home purchase. I plan to make a down payment that’s (well) over 50% of the price.

Patient renter in OC

[patientrenter]

I’m not sure why everyone is so afraid to say their number. I have $180K in cash earmarked for a future home purchase. I plan to make a down payment that’s (well) over 50% of the price.

Patient renter in OC

[patientrenter]

I’m not sure why everyone is so afraid to say their number. I have $180K in cash earmarked for a future home purchase. I plan to make a down payment that’s (well) over 50% of the price.

Patient renter in OC

[The OC Scam]

PR in OC

With 180k way would you put more than 50% down?

You could by 1 home with 20% to live in and purchase some cheap rentals with the other cash in the next year or two?

Just curious…

[The OC Scam]

PR in OC

With 180k way would you put more than 50% down?

You could by 1 home with 20% to live in and purchase some cheap rentals with the other cash in the next year or two?

Just curious…

[The OC Scam]

PR in OC

With 180k way would you put more than 50% down?

You could by 1 home with 20% to live in and purchase some cheap rentals with the other cash in the next year or two?

Just curious…

[patientrenter]

I’ve thought about that, OC Scam, but I am not familiar with the rental market. I’ve never owned my own condo or house, so I’d need to research the sh@t out of the purchase of a rental, and I can’t do my own home repairs. From comments experienced people have made here, it seems that rentals in OC (where I live) aren’t even close to generating cash.

One thing I’ve thought about is buying a small complex, for maybe $1 million or thereabouts. If I got 3-5 units, then I could live in one and rent the rest. If the initial cash flow were negative, but less than my current ($1425/mo) rent, I would be happy. Over time, as rents went up and my loan balance went down, I could look forward to more and more income from rent, while I lived there.

Do you think that prices of rental units will be going down much? Are they high now? Where do I learn that market?

Thanks, OC Scam

Patient renter in OC

[patientrenter]

I’ve thought about that, OC Scam, but I am not familiar with the rental market. I’ve never owned my own condo or house, so I’d need to research the sh@t out of the purchase of a rental, and I can’t do my own home repairs. From comments experienced people have made here, it seems that rentals in OC (where I live) aren’t even close to generating cash.

One thing I’ve thought about is buying a small complex, for maybe $1 million or thereabouts. If I got 3-5 units, then I could live in one and rent the rest. If the initial cash flow were negative, but less than my current ($1425/mo) rent, I would be happy. Over time, as rents went up and my loan balance went down, I could look forward to more and more income from rent, while I lived there.

Do you think that prices of rental units will be going down much? Are they high now? Where do I learn that market?

Thanks, OC Scam

Patient renter in OC

[patientrenter]

I’ve thought about that, OC Scam, but I am not familiar with the rental market. I’ve never owned my own condo or house, so I’d need to research the sh@t out of the purchase of a rental, and I can’t do my own home repairs. From comments experienced people have made here, it seems that rentals in OC (where I live) aren’t even close to generating cash.

One thing I’ve thought about is buying a small complex, for maybe $1 million or thereabouts. If I got 3-5 units, then I could live in one and rent the rest. If the initial cash flow were negative, but less than my current ($1425/mo) rent, I would be happy. Over time, as rents went up and my loan balance went down, I could look forward to more and more income from rent, while I lived there.

Do you think that prices of rental units will be going down much? Are they high now? Where do I learn that market?

Thanks, OC Scam

Patient renter in OC

[barnaby33]

4plexowner is probably the guy to ask on that. By his own admission he did well buying small rental units last decade and selling into the boom.

As to where to park cash, ask Rich. Thats his new day job.

Josh

[barnaby33]

4plexowner is probably the guy to ask on that. By his own admission he did well buying small rental units last decade and selling into the boom.

As to where to park cash, ask Rich. Thats his new day job.

Josh

[Author]

Posts