Whip Inflation When?

[XBoxBoy]

Your plan makes sense, IF and only IF, we do end up getting inflation and high interest rates in the near future. That if is by no means a certainty.

I have no idea who will be right in this inflation/deflation debate, but be aware that both sides have good sounding arguments. (Although obviously one side is wrong)

If you look at Japan over the course of the last decade and a half, you see low interest rates and stagnant economy with bouts of deflation. There are lots of reasons to think we will experience a similar fate. If that comes to pass, your plan will be a loser, and you will have to cough up money to pay off the loan and interest, or go into bankruptcy.

But maybe the deflationista’s are wrong, and you’ll be able to re-lend the money into high paying CDs or some such.

Just be aware that your plan clearly falls under the category of speculation and comes with risks.

XBoxBoy

[sdduuuude]

[quote=XBoxBoy]Just be aware that your plan clearly falls under the category of speculation and comes with risks.XBoxBoy[/quote]

My thoughts, exactly.

[sdduuuude]

[quote=XBoxBoy]Just be aware that your plan clearly falls under the category of speculation and comes with risks.XBoxBoy[/quote]

My thoughts, exactly.

[sdduuuude]

[quote=XBoxBoy]Just be aware that your plan clearly falls under the category of speculation and comes with risks.XBoxBoy[/quote]

My thoughts, exactly.

[sdduuuude]

[quote=XBoxBoy]Just be aware that your plan clearly falls under the category of speculation and comes with risks.XBoxBoy[/quote]

My thoughts, exactly.

[sdduuuude]

[quote=XBoxBoy]Just be aware that your plan clearly falls under the category of speculation and comes with risks.XBoxBoy[/quote]

My thoughts, exactly.

[aldante]

[quote=CA renter]Yes. It’s the old high price/low rate vs. low price/high rate argument.

This is why in the last interest rate/price thread, I said that someone who was putting very little down would probably want to buy now because of the very low rates and fairly low prices in the more affordable/low-income neighborhoods. Not because prices won’t come down, but because their **monthly payment** would probably be at or near its lowest point right now.

For those who are putting 50-100% down, it’s probably best to wait, as we might (hopefully) see higher rates and lower prices, which is what you want if you are putting more down. There will be fewer competing buyers, and cash buyers are looking to get the most bang for their buck. They are much less interested in monthly payments.[/quote]

I think that is why homeowners will be ok buying now but flippers will get killed.

Oh I forgot. Flippers will be made whole by our democratic goventment that believe in the free market . It is not NOT NOT! croney capitalism or socialism…….no way ….no way…… hell just buy 1000 houses…you will be fine.

[aldante]

[quote=CA renter]Yes. It’s the old high price/low rate vs. low price/high rate argument.

This is why in the last interest rate/price thread, I said that someone who was putting very little down would probably want to buy now because of the very low rates and fairly low prices in the more affordable/low-income neighborhoods. Not because prices won’t come down, but because their **monthly payment** would probably be at or near its lowest point right now.

For those who are putting 50-100% down, it’s probably best to wait, as we might (hopefully) see higher rates and lower prices, which is what you want if you are putting more down. There will be fewer competing buyers, and cash buyers are looking to get the most bang for their buck. They are much less interested in monthly payments.[/quote]

I think that is why homeowners will be ok buying now but flippers will get killed.

Oh I forgot. Flippers will be made whole by our democratic goventment that believe in the free market . It is not NOT NOT! croney capitalism or socialism…….no way ….no way…… hell just buy 1000 houses…you will be fine.

[aldante]

[quote=CA renter]Yes. It’s the old high price/low rate vs. low price/high rate argument.

This is why in the last interest rate/price thread, I said that someone who was putting very little down would probably want to buy now because of the very low rates and fairly low prices in the more affordable/low-income neighborhoods. Not because prices won’t come down, but because their **monthly payment** would probably be at or near its lowest point right now.

For those who are putting 50-100% down, it’s probably best to wait, as we might (hopefully) see higher rates and lower prices, which is what you want if you are putting more down. There will be fewer competing buyers, and cash buyers are looking to get the most bang for their buck. They are much less interested in monthly payments.[/quote]

I think that is why homeowners will be ok buying now but flippers will get killed.

Oh I forgot. Flippers will be made whole by our democratic goventment that believe in the free market . It is not NOT NOT! croney capitalism or socialism…….no way ….no way…… hell just buy 1000 houses…you will be fine.

[aldante]

[quote=CA renter]Yes. It’s the old high price/low rate vs. low price/high rate argument.

This is why in the last interest rate/price thread, I said that someone who was putting very little down would probably want to buy now because of the very low rates and fairly low prices in the more affordable/low-income neighborhoods. Not because prices won’t come down, but because their **monthly payment** would probably be at or near its lowest point right now.

For those who are putting 50-100% down, it’s probably best to wait, as we might (hopefully) see higher rates and lower prices, which is what you want if you are putting more down. There will be fewer competing buyers, and cash buyers are looking to get the most bang for their buck. They are much less interested in monthly payments.[/quote]

I think that is why homeowners will be ok buying now but flippers will get killed.

Oh I forgot. Flippers will be made whole by our democratic goventment that believe in the free market . It is not NOT NOT! croney capitalism or socialism…….no way ….no way…… hell just buy 1000 houses…you will be fine.

[aldante]

[quote=CA renter]Yes. It’s the old high price/low rate vs. low price/high rate argument.

This is why in the last interest rate/price thread, I said that someone who was putting very little down would probably want to buy now because of the very low rates and fairly low prices in the more affordable/low-income neighborhoods. Not because prices won’t come down, but because their **monthly payment** would probably be at or near its lowest point right now.

For those who are putting 50-100% down, it’s probably best to wait, as we might (hopefully) see higher rates and lower prices, which is what you want if you are putting more down. There will be fewer competing buyers, and cash buyers are looking to get the most bang for their buck. They are much less interested in monthly payments.[/quote]

I think that is why homeowners will be ok buying now but flippers will get killed.

Oh I forgot. Flippers will be made whole by our democratic goventment that believe in the free market . It is not NOT NOT! croney capitalism or socialism…….no way ….no way…… hell just buy 1000 houses…you will be fine.

[sdrealtor]

As long as CA R hangs onto enough cash for my dinner at Donovan’s in 2012 all will be fine;)

[sdrealtor]

As long as CA R hangs onto enough cash for my dinner at Donovan’s in 2012 all will be fine;)

[sdrealtor]

As long as CA R hangs onto enough cash for my dinner at Donovan’s in 2012 all will be fine;)

[sdrealtor]

As long as CA R hangs onto enough cash for my dinner at Donovan’s in 2012 all will be fine;)

[Author]

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