[nostradamus]

I would agree with them, for loans that large the LTV should at most be 75%. People buying houses in that range should be able to cover it. Investors no longer have the flexibility to dish out cash to every speculator who thinks they found an enticing opportunity but can’t fund even 25% of it.

It is an interesting point that this may affect the high end market, and I definitely agree with you there.

[nostradamus]

I would agree with them, for loans that large the LTV should at most be 75%. People buying houses in that range should be able to cover it. Investors no longer have the flexibility to dish out cash to every speculator who thinks they found an enticing opportunity but can’t fund even 25% of it.

It is an interesting point that this may affect the high end market, and I definitely agree with you there.

[nostradamus]

I would agree with them, for loans that large the LTV should at most be 75%. People buying houses in that range should be able to cover it. Investors no longer have the flexibility to dish out cash to every speculator who thinks they found an enticing opportunity but can’t fund even 25% of it.

It is an interesting point that this may affect the high end market, and I definitely agree with you there.

[nostradamus]

I would agree with them, for loans that large the LTV should at most be 75%. People buying houses in that range should be able to cover it. Investors no longer have the flexibility to dish out cash to every speculator who thinks they found an enticing opportunity but can’t fund even 25% of it.

It is an interesting point that this may affect the high end market, and I definitely agree with you there.

[nostradamus]

You’re right sdnerd breaking the $200k is a definite milestone, please do keep us posted. I just might pick up a rental if it drops enough!

[nostradamus]

You’re right sdnerd breaking the $200k is a definite milestone, please do keep us posted. I just might pick up a rental if it drops enough!

[nostradamus]

You’re right sdnerd breaking the $200k is a definite milestone, please do keep us posted. I just might pick up a rental if it drops enough!

[nostradamus]

You’re right sdnerd breaking the $200k is a definite milestone, please do keep us posted. I just might pick up a rental if it drops enough!

[nostradamus]

You’re right sdnerd breaking the $200k is a definite milestone, please do keep us posted. I just might pick up a rental if it drops enough!

[nostradamus]

Principal And Interest $1,011
Taxes and insurance $183
HOA $310
Total: $1504

Then there’s maintenance, management, depreciation, hoa increases, special assessments, and the other pleasures which come with the privilege of owning.

Too much work when the best you could hope for is a wash. With $40k down it won’t even be a wash for many, many years. Then you’re back where you started. Might as well keep the money and see where the market goes.

[nostradamus]

Principal And Interest $1,011
Taxes and insurance $183
HOA $310
Total: $1504

Then there’s maintenance, management, depreciation, hoa increases, special assessments, and the other pleasures which come with the privilege of owning.

Too much work when the best you could hope for is a wash. With $40k down it won’t even be a wash for many, many years. Then you’re back where you started. Might as well keep the money and see where the market goes.

[nostradamus]

Principal And Interest $1,011
Taxes and insurance $183
HOA $310
Total: $1504

Then there’s maintenance, management, depreciation, hoa increases, special assessments, and the other pleasures which come with the privilege of owning.

Too much work when the best you could hope for is a wash. With $40k down it won’t even be a wash for many, many years. Then you’re back where you started. Might as well keep the money and see where the market goes.

[nostradamus]

Principal And Interest $1,011
Taxes and insurance $183
HOA $310
Total: $1504

Then there’s maintenance, management, depreciation, hoa increases, special assessments, and the other pleasures which come with the privilege of owning.

Too much work when the best you could hope for is a wash. With $40k down it won’t even be a wash for many, many years. Then you’re back where you started. Might as well keep the money and see where the market goes.

[nostradamus]

Principal And Interest $1,011
Taxes and insurance $183
HOA $310
Total: $1504

Then there’s maintenance, management, depreciation, hoa increases, special assessments, and the other pleasures which come with the privilege of owning.

Too much work when the best you could hope for is a wash. With $40k down it won’t even be a wash for many, many years. Then you’re back where you started. Might as well keep the money and see where the market goes.

[nostradamus]

Humans are one of the most adaptive species on the planet. I don’t think they need a “fixed” diet of anything. Herbal supplements are passing fads. The typical American probably has 10x the nutrients he needs.

My dad lived to 93. He ate hot dogs, pork & beans out of the can, TV dinners, banana splits, vienna sausages, all kinds of crap. I think he lived so long because he was happy and active. I taught him how to use the internet when he was 80. I also taught him how to ride a skateboard in his 80’s.

About 4 months before he died, he told me he wanted to die because he felt he had done everything possible in this life and he wanted to see what was next. I asked him if there was any information he wanted to leave with me before he went, or if there was anything he would have done differently. He said “avoid fat and take care of your teeth”. So I have. The day he died, he woke up, went to church (he NEVER went to church before), came home, lay in his bed, and died. The doctor said it was “sudden cardiac arrest”. He never had any heart problems. He was a doctor.

[Author]

Posts