Borrow money and buy real estate. You 1st time home buyers can use Obama money in the form of an FHA loan and lever 33 to 1. The lender is your friend. They will assess about 10% below market value to withstand more variability than your 3% down can provide.
I got family thats doing a half mil. multi family and well.....he's going to need some luck.
I figure as long as everyone's calling the top.......he is going to be ok.
Relative to others, rates have been going up for a while now without problems in EM etc.. So it seems they could bump .25% here and there to attempt to salvage a shred of credibility.
I got family thats doing a half mil. multi family and well.....he's going to need some luck.
I figure as long as everyone's calling the top.......he is going to be ok.
Relative to others, rates have been going up for a while now without problems in EM etc.. So it seems they could bump .25% here and there to attempt to salvage a shred of credibility.