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socrattt
Participant[quote=Jumby]ok, so give me an example of real estate investing…[/quote]
Buying a house all cash in El Centro!!!
Participant[quote=Jumby]ok, so give me an example of real estate investing…[/quote]
Buying a house all cash in El Centro!!!
Participant[quote=Jumby]ok, so give me an example of real estate investing…[/quote]
Buying a house all cash in El Centro!!!
Participant[quote=Jumby]ok, so give me an example of real estate investing…[/quote]
Buying a house all cash in El Centro!!!
ParticipantTiger Woods won’t cheat on his wife again. I am certain of this. I just bought a new Magic 8 Ball and every time I ask it a question it says “Yes we Can.” I am starting to get a little nervous!
ParticipantTiger Woods won’t cheat on his wife again. I am certain of this. I just bought a new Magic 8 Ball and every time I ask it a question it says “Yes we Can.” I am starting to get a little nervous!
ParticipantTiger Woods won’t cheat on his wife again. I am certain of this. I just bought a new Magic 8 Ball and every time I ask it a question it says “Yes we Can.” I am starting to get a little nervous!
ParticipantTiger Woods won’t cheat on his wife again. I am certain of this. I just bought a new Magic 8 Ball and every time I ask it a question it says “Yes we Can.” I am starting to get a little nervous!
ParticipantTiger Woods won’t cheat on his wife again. I am certain of this. I just bought a new Magic 8 Ball and every time I ask it a question it says “Yes we Can.” I am starting to get a little nervous!
Participant[quote=Jumby]What are you talking about? What do interest rates have to do with this? Could they raise and further press down values? Sure….but you are missing the point…investing in non performing notes allows you to buy non performing loans from the bank, you then own the real estate for a fraction of what was owed on it…and with nothing but foreclosures in the pipe, it is a very wise time to be on top of this…like I said earlier, I brokered a $1.5 million NPN, the investor is going to see a huge return on his money, the key is finding the banks that have NPNs (ALOT) and making sure you aren’t overpaying…[/quote]
Jumby, it’s simple mathematics. If rates go up your “fraction on the dollar” purchase becomes a higher fraction. Prices will depreciate as rates rise, foreclosures increase and unemployment increases. You have to look at the big picture! A common sense investment approach is not so common sense anymore. I will guarantee you one thing, if you continue to think the way you do, you will lose in tomorrow’s market. Tomorrow’s market to me is defined as anything but today. The real estate market could essentially change overnight and now that we are officially in 2010 I can say the market will change dramatically this year!!
Participant[quote=Jumby]What are you talking about? What do interest rates have to do with this? Could they raise and further press down values? Sure….but you are missing the point…investing in non performing notes allows you to buy non performing loans from the bank, you then own the real estate for a fraction of what was owed on it…and with nothing but foreclosures in the pipe, it is a very wise time to be on top of this…like I said earlier, I brokered a $1.5 million NPN, the investor is going to see a huge return on his money, the key is finding the banks that have NPNs (ALOT) and making sure you aren’t overpaying…[/quote]
Jumby, it’s simple mathematics. If rates go up your “fraction on the dollar” purchase becomes a higher fraction. Prices will depreciate as rates rise, foreclosures increase and unemployment increases. You have to look at the big picture! A common sense investment approach is not so common sense anymore. I will guarantee you one thing, if you continue to think the way you do, you will lose in tomorrow’s market. Tomorrow’s market to me is defined as anything but today. The real estate market could essentially change overnight and now that we are officially in 2010 I can say the market will change dramatically this year!!
Participant[quote=Jumby]What are you talking about? What do interest rates have to do with this? Could they raise and further press down values? Sure….but you are missing the point…investing in non performing notes allows you to buy non performing loans from the bank, you then own the real estate for a fraction of what was owed on it…and with nothing but foreclosures in the pipe, it is a very wise time to be on top of this…like I said earlier, I brokered a $1.5 million NPN, the investor is going to see a huge return on his money, the key is finding the banks that have NPNs (ALOT) and making sure you aren’t overpaying…[/quote]
Jumby, it’s simple mathematics. If rates go up your “fraction on the dollar” purchase becomes a higher fraction. Prices will depreciate as rates rise, foreclosures increase and unemployment increases. You have to look at the big picture! A common sense investment approach is not so common sense anymore. I will guarantee you one thing, if you continue to think the way you do, you will lose in tomorrow’s market. Tomorrow’s market to me is defined as anything but today. The real estate market could essentially change overnight and now that we are officially in 2010 I can say the market will change dramatically this year!!
Participant[quote=Jumby]What are you talking about? What do interest rates have to do with this? Could they raise and further press down values? Sure….but you are missing the point…investing in non performing notes allows you to buy non performing loans from the bank, you then own the real estate for a fraction of what was owed on it…and with nothing but foreclosures in the pipe, it is a very wise time to be on top of this…like I said earlier, I brokered a $1.5 million NPN, the investor is going to see a huge return on his money, the key is finding the banks that have NPNs (ALOT) and making sure you aren’t overpaying…[/quote]
Jumby, it’s simple mathematics. If rates go up your “fraction on the dollar” purchase becomes a higher fraction. Prices will depreciate as rates rise, foreclosures increase and unemployment increases. You have to look at the big picture! A common sense investment approach is not so common sense anymore. I will guarantee you one thing, if you continue to think the way you do, you will lose in tomorrow’s market. Tomorrow’s market to me is defined as anything but today. The real estate market could essentially change overnight and now that we are officially in 2010 I can say the market will change dramatically this year!!
Participant[quote=Jumby]What are you talking about? What do interest rates have to do with this? Could they raise and further press down values? Sure….but you are missing the point…investing in non performing notes allows you to buy non performing loans from the bank, you then own the real estate for a fraction of what was owed on it…and with nothing but foreclosures in the pipe, it is a very wise time to be on top of this…like I said earlier, I brokered a $1.5 million NPN, the investor is going to see a huge return on his money, the key is finding the banks that have NPNs (ALOT) and making sure you aren’t overpaying…[/quote]
Jumby, it’s simple mathematics. If rates go up your “fraction on the dollar” purchase becomes a higher fraction. Prices will depreciate as rates rise, foreclosures increase and unemployment increases. You have to look at the big picture! A common sense investment approach is not so common sense anymore. I will guarantee you one thing, if you continue to think the way you do, you will lose in tomorrow’s market. Tomorrow’s market to me is defined as anything but today. The real estate market could essentially change overnight and now that we are officially in 2010 I can say the market will change dramatically this year!!
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