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SD Realtor
ParticipantYep that is the idea, although refinancing on income property is not nearly as easy as it used to be if you are doing a cashout refi. Still even if you cannot refi it, getting 10-15% cash on cash is not bad.
SD Realtor
ParticipantYep that is the idea, although refinancing on income property is not nearly as easy as it used to be if you are doing a cashout refi. Still even if you cannot refi it, getting 10-15% cash on cash is not bad.
SD Realtor
ParticipantYep that is the idea, although refinancing on income property is not nearly as easy as it used to be if you are doing a cashout refi. Still even if you cannot refi it, getting 10-15% cash on cash is not bad.
January 15, 2011 at 5:57 PM in reply to: OT: I hate big governments, government overeaching it’s sticky hands #654430SD Realtor
ParticipantSad cuz when I think of it, my wife and I have a several videos we have taken of the boys in the tub taking a bath. They have bathed together since the youngest was born and now they are 4 and 5 so as you would guess the videos have gotten more and more priceless. My wife also has a few good ransom pictures of each of them that she plans to show their girlfriends when they are teenagers just to embarass the crap out of them. Our younger one loves to run around naked with a towel only he uses as a cape and he is “nekkid man” chasing our cats and dogs all over the home.
Man oh man….
January 15, 2011 at 5:57 PM in reply to: OT: I hate big governments, government overeaching it’s sticky hands #654491SD Realtor
ParticipantSad cuz when I think of it, my wife and I have a several videos we have taken of the boys in the tub taking a bath. They have bathed together since the youngest was born and now they are 4 and 5 so as you would guess the videos have gotten more and more priceless. My wife also has a few good ransom pictures of each of them that she plans to show their girlfriends when they are teenagers just to embarass the crap out of them. Our younger one loves to run around naked with a towel only he uses as a cape and he is “nekkid man” chasing our cats and dogs all over the home.
Man oh man….
January 15, 2011 at 5:57 PM in reply to: OT: I hate big governments, government overeaching it’s sticky hands #655086SD Realtor
ParticipantSad cuz when I think of it, my wife and I have a several videos we have taken of the boys in the tub taking a bath. They have bathed together since the youngest was born and now they are 4 and 5 so as you would guess the videos have gotten more and more priceless. My wife also has a few good ransom pictures of each of them that she plans to show their girlfriends when they are teenagers just to embarass the crap out of them. Our younger one loves to run around naked with a towel only he uses as a cape and he is “nekkid man” chasing our cats and dogs all over the home.
Man oh man….
January 15, 2011 at 5:57 PM in reply to: OT: I hate big governments, government overeaching it’s sticky hands #655224SD Realtor
ParticipantSad cuz when I think of it, my wife and I have a several videos we have taken of the boys in the tub taking a bath. They have bathed together since the youngest was born and now they are 4 and 5 so as you would guess the videos have gotten more and more priceless. My wife also has a few good ransom pictures of each of them that she plans to show their girlfriends when they are teenagers just to embarass the crap out of them. Our younger one loves to run around naked with a towel only he uses as a cape and he is “nekkid man” chasing our cats and dogs all over the home.
Man oh man….
January 15, 2011 at 5:57 PM in reply to: OT: I hate big governments, government overeaching it’s sticky hands #655553SD Realtor
ParticipantSad cuz when I think of it, my wife and I have a several videos we have taken of the boys in the tub taking a bath. They have bathed together since the youngest was born and now they are 4 and 5 so as you would guess the videos have gotten more and more priceless. My wife also has a few good ransom pictures of each of them that she plans to show their girlfriends when they are teenagers just to embarass the crap out of them. Our younger one loves to run around naked with a towel only he uses as a cape and he is “nekkid man” chasing our cats and dogs all over the home.
Man oh man….
January 15, 2011 at 12:18 PM in reply to: sell current home or rent? not sure how to calculate #654395SD Realtor
ParticipantI have been alot of places including both the North and South islands but it was before I was involved with real estate. Given that we are in an environment that in my opinion will be pushing rates quite a bit higher, no way would I be involved in any such short term financing, seems to me that it would be suicidal. I do not know what the banks you mentioned use to index the rates off of, so if it is local only to NZ then perhaps you are not as exposed. Seems to me that not just the US is overextended so when the money supply tightens up, and it will tighten up someday, those exposed to such short term lending instruments will be in potential problematic situations. Given that environment, it may not be a bad idea for you to sell and then sit on cash to swoop in on some possible good deals in several years.
January 15, 2011 at 12:18 PM in reply to: sell current home or rent? not sure how to calculate #654457SD Realtor
ParticipantI have been alot of places including both the North and South islands but it was before I was involved with real estate. Given that we are in an environment that in my opinion will be pushing rates quite a bit higher, no way would I be involved in any such short term financing, seems to me that it would be suicidal. I do not know what the banks you mentioned use to index the rates off of, so if it is local only to NZ then perhaps you are not as exposed. Seems to me that not just the US is overextended so when the money supply tightens up, and it will tighten up someday, those exposed to such short term lending instruments will be in potential problematic situations. Given that environment, it may not be a bad idea for you to sell and then sit on cash to swoop in on some possible good deals in several years.
January 15, 2011 at 12:18 PM in reply to: sell current home or rent? not sure how to calculate #655050SD Realtor
ParticipantI have been alot of places including both the North and South islands but it was before I was involved with real estate. Given that we are in an environment that in my opinion will be pushing rates quite a bit higher, no way would I be involved in any such short term financing, seems to me that it would be suicidal. I do not know what the banks you mentioned use to index the rates off of, so if it is local only to NZ then perhaps you are not as exposed. Seems to me that not just the US is overextended so when the money supply tightens up, and it will tighten up someday, those exposed to such short term lending instruments will be in potential problematic situations. Given that environment, it may not be a bad idea for you to sell and then sit on cash to swoop in on some possible good deals in several years.
January 15, 2011 at 12:18 PM in reply to: sell current home or rent? not sure how to calculate #655189SD Realtor
ParticipantI have been alot of places including both the North and South islands but it was before I was involved with real estate. Given that we are in an environment that in my opinion will be pushing rates quite a bit higher, no way would I be involved in any such short term financing, seems to me that it would be suicidal. I do not know what the banks you mentioned use to index the rates off of, so if it is local only to NZ then perhaps you are not as exposed. Seems to me that not just the US is overextended so when the money supply tightens up, and it will tighten up someday, those exposed to such short term lending instruments will be in potential problematic situations. Given that environment, it may not be a bad idea for you to sell and then sit on cash to swoop in on some possible good deals in several years.
January 15, 2011 at 12:18 PM in reply to: sell current home or rent? not sure how to calculate #655518SD Realtor
ParticipantI have been alot of places including both the North and South islands but it was before I was involved with real estate. Given that we are in an environment that in my opinion will be pushing rates quite a bit higher, no way would I be involved in any such short term financing, seems to me that it would be suicidal. I do not know what the banks you mentioned use to index the rates off of, so if it is local only to NZ then perhaps you are not as exposed. Seems to me that not just the US is overextended so when the money supply tightens up, and it will tighten up someday, those exposed to such short term lending instruments will be in potential problematic situations. Given that environment, it may not be a bad idea for you to sell and then sit on cash to swoop in on some possible good deals in several years.
January 14, 2011 at 7:30 PM in reply to: sell current home or rent? not sure how to calculate #654104SD Realtor
ParticipantCurious. Why do you have renew a loan every year or two? Are you saying that everyone who owns residential real estate has to refinance every year or two? Somehow I am not sure if I believe that.
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