All the clients I have with rental properties have had loan mods turned down because they were not owner occupied. Not saying they dont happen but I see most upside investment properties going short sale or REO.
[quote=patb]
so you are interest rate arbitraging your house?
That just makes you a small hedge fund.
Why don’t you incorporate as Boldman-Sachs[/quote]
I never said I was doing this. Simply, that one who is well off could use this to their advantage.
As an aside, if I can use interest rate arbitrage to improve my family’s finances, then yes of course I would. IMO, too many people DON’T treat their family finances like a business.
[quote=patb]
so you are interest rate arbitraging your house?
That just makes you a small hedge fund.
Why don’t you incorporate as Boldman-Sachs[/quote]
I never said I was doing this. Simply, that one who is well off could use this to their advantage.
As an aside, if I can use interest rate arbitrage to improve my family’s finances, then yes of course I would. IMO, too many people DON’T treat their family finances like a business.
[quote=patb]
so you are interest rate arbitraging your house?
That just makes you a small hedge fund.
Why don’t you incorporate as Boldman-Sachs[/quote]
I never said I was doing this. Simply, that one who is well off could use this to their advantage.
As an aside, if I can use interest rate arbitrage to improve my family’s finances, then yes of course I would. IMO, too many people DON’T treat their family finances like a business.
[quote=patb]
so you are interest rate arbitraging your house?
That just makes you a small hedge fund.
Why don’t you incorporate as Boldman-Sachs[/quote]
I never said I was doing this. Simply, that one who is well off could use this to their advantage.
As an aside, if I can use interest rate arbitrage to improve my family’s finances, then yes of course I would. IMO, too many people DON’T treat their family finances like a business.
[quote=patb]
so you are interest rate arbitraging your house?
That just makes you a small hedge fund.
Why don’t you incorporate as Boldman-Sachs[/quote]
I never said I was doing this. Simply, that one who is well off could use this to their advantage.
As an aside, if I can use interest rate arbitrage to improve my family’s finances, then yes of course I would. IMO, too many people DON’T treat their family finances like a business.
