- This topic has 45 replies, 7 voices, and was last updated 15 years, 6 months ago by
Nor-LA-SD-guy.
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June 14, 2009 at 1:57 PM #416001June 14, 2009 at 2:29 PM #416237
paramount
ParticipantI have a plan as well to make a profit:
Since Wells Fargo would not refi my house when rates were low under the Home Affordability Act (because I had PMI when I first bought our house), I plan to turn my house into a mini apt building renting each room out.
I think I might be able to make a monthly profit using that business model.
June 14, 2009 at 2:29 PM #415754ParticipantI have a plan as well to make a profit:
Since Wells Fargo would not refi my house when rates were low under the Home Affordability Act (because I had PMI when I first bought our house), I plan to turn my house into a mini apt building renting each room out.
I think I might be able to make a monthly profit using that business model.
June 14, 2009 at 2:29 PM #415515ParticipantI have a plan as well to make a profit:
Since Wells Fargo would not refi my house when rates were low under the Home Affordability Act (because I had PMI when I first bought our house), I plan to turn my house into a mini apt building renting each room out.
I think I might be able to make a monthly profit using that business model.
June 14, 2009 at 2:29 PM #416011ParticipantI have a plan as well to make a profit:
Since Wells Fargo would not refi my house when rates were low under the Home Affordability Act (because I had PMI when I first bought our house), I plan to turn my house into a mini apt building renting each room out.
I think I might be able to make a monthly profit using that business model.
June 14, 2009 at 2:29 PM #416080ParticipantI have a plan as well to make a profit:
Since Wells Fargo would not refi my house when rates were low under the Home Affordability Act (because I had PMI when I first bought our house), I plan to turn my house into a mini apt building renting each room out.
I think I might be able to make a monthly profit using that business model.
June 14, 2009 at 2:36 PM #416016CA renter
ParticipantDidn’t you want to stay in that house for the long-term? What prompted you to decide to sell now? Good job, if you get the deal done!
I agree with the others, what made your house easy to sell at a profit is going to affect the house you purchase in the same way. Not sure what you’re looking for as far a type and exact location, lot, etc. What are you seeing?
Unless this is a “real” bottom, prices should be weaker in the winter or even Q3/Q4 of 2010 (or beyond).
June 14, 2009 at 2:36 PM #416085ParticipantDidn’t you want to stay in that house for the long-term? What prompted you to decide to sell now? Good job, if you get the deal done!
I agree with the others, what made your house easy to sell at a profit is going to affect the house you purchase in the same way. Not sure what you’re looking for as far a type and exact location, lot, etc. What are you seeing?
Unless this is a “real” bottom, prices should be weaker in the winter or even Q3/Q4 of 2010 (or beyond).
June 14, 2009 at 2:36 PM #416242ParticipantDidn’t you want to stay in that house for the long-term? What prompted you to decide to sell now? Good job, if you get the deal done!
I agree with the others, what made your house easy to sell at a profit is going to affect the house you purchase in the same way. Not sure what you’re looking for as far a type and exact location, lot, etc. What are you seeing?
Unless this is a “real” bottom, prices should be weaker in the winter or even Q3/Q4 of 2010 (or beyond).
June 14, 2009 at 2:36 PM #415520ParticipantDidn’t you want to stay in that house for the long-term? What prompted you to decide to sell now? Good job, if you get the deal done!
I agree with the others, what made your house easy to sell at a profit is going to affect the house you purchase in the same way. Not sure what you’re looking for as far a type and exact location, lot, etc. What are you seeing?
Unless this is a “real” bottom, prices should be weaker in the winter or even Q3/Q4 of 2010 (or beyond).
June 14, 2009 at 2:36 PM #415759ParticipantDidn’t you want to stay in that house for the long-term? What prompted you to decide to sell now? Good job, if you get the deal done!
I agree with the others, what made your house easy to sell at a profit is going to affect the house you purchase in the same way. Not sure what you’re looking for as far a type and exact location, lot, etc. What are you seeing?
Unless this is a “real” bottom, prices should be weaker in the winter or even Q3/Q4 of 2010 (or beyond).
June 14, 2009 at 4:08 PM #416063Nor-LA-SD-guy
ParticipantThis short term stuff is just not my bag,
I have always thought that the way to make real profits is cash flow properties of over the long term (10 years minimum),
I think you will find most people who have achieved real wealth have done it this way.
As far as T.V. bottom, I think that while maybe not the absolute bottom, it’s close enough as long as your time frame is at least 10 years.
June 14, 2009 at 4:08 PM #416289ParticipantThis short term stuff is just not my bag,
I have always thought that the way to make real profits is cash flow properties of over the long term (10 years minimum),
I think you will find most people who have achieved real wealth have done it this way.
As far as T.V. bottom, I think that while maybe not the absolute bottom, it’s close enough as long as your time frame is at least 10 years.
June 14, 2009 at 4:08 PM #415568ParticipantThis short term stuff is just not my bag,
I have always thought that the way to make real profits is cash flow properties of over the long term (10 years minimum),
I think you will find most people who have achieved real wealth have done it this way.
As far as T.V. bottom, I think that while maybe not the absolute bottom, it’s close enough as long as your time frame is at least 10 years.
June 14, 2009 at 4:08 PM #416131ParticipantThis short term stuff is just not my bag,
I have always thought that the way to make real profits is cash flow properties of over the long term (10 years minimum),
I think you will find most people who have achieved real wealth have done it this way.
As far as T.V. bottom, I think that while maybe not the absolute bottom, it’s close enough as long as your time frame is at least 10 years.
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