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actually at that time I did the same as I do now, take out 100K in mortgage and paid the rest, about 200K, in cash

I'm not talking about any market, I'm talking about the current market where house prices are 30-40% below their all time highs, these condos were going for $300K in 2007, so you actually believe the prices can drop way below that, say to 70% of their all time high, I'm willing to take that...

would you like to state where the possibility of getting burned is, worst case scenario; the collected rent will not rise as quickly as the fees and taxes, but still it will continue to cover all costs, because the mortgage is at fixed rate, but the possible future income comes from the...

running scared? the monkey doesn't care about shit but his banana, he doesn't stop smoking that crap

I was just watching CNN, the TSA is now imposing new security policies. like whatever, are these guys really that stupid, are terrorists destined to travel only by air, I mean how the fuck do some hispanics get into this country without a fucking visa. there are so many americans overseas...

no matter how bad it seems or is, housing speculation will never end, there is actually a new round of real estate bubble starting to emerge, we are the next UK

why was this thread opened, do you realize obama doesn't give a shit about you or your country? he's enjoying the fame and game while it lasts

why should we be talking about this? they (jews, muslims, etc.) can do what they want, how they want, so long as they do it in their own countries. How is it our business, we live here in the United States of America, why the fuck is it our business to go see what the rules and laws of other...

I'm sick of hearing obama literally whine and complain like the fucking ugly monkey he is, what was he saying the other day?, something along the lines of; "never in history has the US had so many problems simultaneously, and I have to deal with them single-handedly, I have so much pressure on...

@piggie2000 the good thing about the DC area is that some 30% of the people rely on jobs that require some form of security clearance, they can't risk that to taking pleasure in destroying a foreclosed property, that kind of shit mostly happens in broke states like CA also about a year ago...

if not 10 years, then 20 years, still not bad for doing almost nothing

actually 400%, I'm sure that is the least we will see, every 10 years the value of the USD depreciates to 1/5th of what it was at the beginning of that time period, but since things are so fucked up right now, and there is no way out of this shit, but to devalue the currency at unprecedented...

I live in the DC area, I'm doing the same thing, say the asking price for an almost brand new one bedroom condo is 140K, I offer 160K, 60K in cash, the rest in loan. So here's the math; 100K mortgage @ 5% -> $420/m interest $120/m principal $180/m tax $200/m condo fee $20/m insurance...

I hate atheists, for one big reason if they don't fucking believe in god, on what fucking shit do they base the idea of morals, ethics, and humanity on? see I don't believe in god, but I don't believe in ethics, morals, humanity and bullshit like that either. And I fucking don't call...

good post couldn't have said it better myself not to forget two points regarding freedom of speech in america and the west in general; 1) stupid people usually talk alot, freedom of speech ends up giving voice and attention, and so power and authority to these idiots and morons more...

very good point

haha, what fucking assholes, if someone can do that to himself, imagine what they can do to others?!

looking at the 29th slide; the guy on the far right looks so fucking sad, it's like he's wishing he'd never existed, it's really hilarious

oh, you shouldn't have, how nice of you, just your statement alone is a wonderful new year gift to our country really, thanks for letting us know, we can now count on your generous purchases from our country and your holy trip to this country to actually save our failing economy I...

that was the best!!!