burritos's threads
So what are the rates going to do post Japanese earthquake/tsunami/nuclear disaster?
by
burritos
on 16 Mar 2011
3 comments, latest
10 years ago
Japanese buy less of our debt cause it has to rebuild. Rates go up. The world's money flows to perceived safety(that's U.S. Treasuries) during times of crisis(Japan taking a ...
Has anyone done a refi through amerisave?
by
burritos
on 27 Jan 2012
5 comments, latest
12 years ago
They seem to have the best rates and lowest costs. But I'm wary cause I've never heard of they. Yelp has a sudden surge of reviews done in the ...
Should health insurance cover all vaccines?
by
burritos
on 15 May 2012
4 comments, latest
13 years ago
Say you're rich enough to travel the world. Should you pay for vaccines like typhoid and yellow fever? or should your insurance(thus the rest of the policy holders) pay ...
Will France election result keep interest rates low in U.S.?
by
burritos
on 7 May 2012
Posted 13 years ago
As crappy as our U.S. government finances are, where else are people going to put their money? Mao bond's? http://www.latimes.com/news/na "Hollande rode to victory on a wave of anger ...
Is this NAR propaganda about rent?
by
burritos
on 6 May 2012
13 comments, latest
13 years ago
http://www.latimes.com/busines "A nation still struggling to clear up one housing debacle has run smack into another — soaring rents. The foreclosure mess has pushed millions of former homeowners with ...
Can a wifi router increase the net speed beyond the cited maximum speed?
by
burritos
on 4 May 2012
6 comments, latest
13 years ago
I'm with time warner using a cable modem. The service I'm buying gets me supposedly 5-10mbps. With my old dlink wifi router, I was getting 11mbps which I thought ...
Is this an example of market bottom?
by
burritos
on 4 May 2012
7 comments, latest
13 years ago
free cave near Moab? http://gma.yahoo.com/going-wit
Asking price=$184,900. I offered 160k, bank countered, $184k, I countered 161k..
by
burritos
on 20 Apr 2012
42 comments, latest
13 years ago
Looking to buy a SFH rental built 2007. 3 bed, 2 bath 1935 Sq ft in South Puget Sound. Carrying costs $1150/mo at their asking price, $1050/mo at mine. ...
What would be the better rental investmennt between a townhouse vs house.
by
burritos
on 6 Apr 2012
Posted 13 years ago
Same area. Same HOA. Townhouse(half of a duplex) 120k. 1300 sq ft, 3bed, 2 bath. Backyard. Rent $1250 month. House is 190k. 2200 sq ft. 3bed 2 bath(1 large ...
When a 14 year old buys a home for 12k, and rents it out for $700/mo is that...
by
burritos
on 26 Mar 2012
13 comments, latest
13 years ago
a sign we might be closer to the bottom of the market than we are at the top? http://www.huffingtonpost.com/ Yes, I know that she put money in to it ...
Did I just throw good money away after bad?
by
burritos
on 28 Oct 2011
9 comments, latest
13 years ago
Paid off my mortgage on one of my rental properties. Originally purchased 2004 for 176k. Zestimate is 160K. Original mortgage was 6.125%, 30 year fix for 140k. Paid amount ...
My renter wants to build a deck in return he'll sign a 2 year lease...
by
burritos
on 23 Sep 2011
29 comments, latest
13 years ago
So my renter's lease is up. He said that he has a friend who builds wooden decks professionally. He asked if they could build a deck in the backyard. ...
Would you pay 13k to get 430k loan down to 417k to get a better rate?
by
burritos
on 12 Sep 2011
14 comments, latest
13 years ago
My loand is 430k at 4.25%. If I pay down the balance to 417k, my mortgage broker can get me to 3.875% 30 year fix($2800 closing costs). #housing
It cost 7k to get my rental property rentable....
by
burritos
on 16 Jul 2011
12 comments, latest
13 years ago
This was a former marijuana grow home which was raided by the police. 2400 sq ft home. 4 bed 2.5 bath. After it was ready it took 2 weeks, ...
Of topic, but do you know anyone who has been affected by this recession?
by
burritos
on 15 Jun 2011
54 comments, latest
13 years ago
IOW, do you have any friends, family, or colleagues who have lost their job? I personally do not have any friends, family, or colleagues who have lost their jobs. ...
Between buying a 200k property vs purchasing a million dollar cash life insurance policy, which one would you do?
by
burritos
on 8 Jun 2011
5 comments, latest
14 years ago
I'm sure both are non desirable prospects for the population at large on this board. But if you were forced to decide between the 2, which one would you ...
Would you refi in this scenario?
by
burritos
on 6 Jun 2011
10 comments, latest
14 years ago
This is a rental. Current loan 6.125% 30 year fix finishing year 7 next month. Loan amount 119k. Principal/interest $857 per month. If I don't refi and just keep ...
Closing on my second rental this year..
by
burritos
on 25 May 2011
61 comments, latest
14 years ago
3 bed, 2.5 bath, 2300 sq ft. for 200k built in 2007 in South Puget Sound. Hoping to rent it out for 1650/mo. PITI is $1150. Got to fix ...
64,000,000 empty residential units in China...
by
burritos
on 23 May 2011
14 comments, latest
14 years ago
http://www.youtube.com/watch?v Fast forward to minute 6:00 to get to the meat of it. How is this different with the U.S. other than they're Chinese citizens and they are not.
Does wealth disparity buffer against inflationary rises due to the increase of money supply?
by
burritos
on 11 Apr 2011
Posted 14 years ago
When the fed injects more cash into our economy, it obviously isn't spread to everyone at the same time equally. Most of it goes to the banks and from ...
My realtor advised me to hold off purchasing any new rentals...
by
burritos
on 25 Mar 2011
17 comments, latest
14 years ago
So we closed on a SFH 2 months ago and got it rented right away. We wanted to start looking for another rental hoping to pay a little less ...
Zillow now has a new rental estimator
by
burritos
on 21 Mar 2011
8 comments, latest
14 years ago
So if you click on a property, it'll tell you that approximate mortgage you'll be paying and it'll also list the approximate rent the property would get. I wonder ...
My friend's son gamed the banks.
by
burritos
on 17 Mar 2011
4 comments, latest
14 years ago
Son is gay. Partner bought a house in socal in bubble era for 400k. This year, the partner bought a similar home this year for half the price. He ...
If RE is going to continue to tank, won't you make money by shorting residential REITs?
by
burritos
on 1 Mar 2011
13 comments, latest
14 years ago
I believe that RE over the long term(between now and my retirement) will improve my wealth as opposed to just banking my savings. Many here certainly believe we have ...
When buying a rental property should rent be 1-2%(purchase price) per month?
by
burritos
on 24 Jan 2011
17 comments, latest
14 years ago
Cap rate of 10% doesn't even qualify if the above criteria is your target. On a separate RE investment forum I've been lurking they won't touch a property unless ...
Is the stock market market a predictor of the real estate market?
by
burritos
on 17 Feb 2011
9 comments, latest
14 years ago
Or are they independent of each other? The market seems like it's been in a decent bull market for the last 2 years. I know there was a lot ...
Should I stick with my short sale or wait for a bank owned?
by
burritos
on 24 Jun 2010
7 comments, latest
14 years ago
Trying to get a rental in Puget Sound area. Made 205k short sale offer 2 months ago for a 3 bed 2 bath. It's still pending. Since then a ...
Why are savers entitled to a good savings account return?
by
burritos
on 28 Sep 2010
62 comments, latest
14 years ago
Why do we deserve a 4-6% interest return
Should I put down 20% or 25%
by
burritos
on 9 Dec 2010
28 comments, latest
14 years ago
According to my mortgage broker, on my 196k rental, if I put down 20% I'll get get 5.375% on my 30 year fix. But it'll cost be 1.5 points ...
My short sale for a rental property is failing...
by
burritos
on 6 Dec 2010
2 comments, latest
14 years ago
Still trying to acquire a rental property in the Puget Sound area. On month 8 on my short sale and still nothing from the banks. It seems like an ...
Should I pay the closing costs?
by
burritos
on 18 Mar 2010
36 comments, latest
14 years ago
So we offered on a sfh(as a rental investment). 3bed, 2bath, 2 garage 1900 sq feet. 200k(that was the asking price) and for the seller to pay closing costs. ...
So in Texas I couldn't use home equity to pay off my student loans?
by
burritos
on 8 Nov 2010
3 comments, latest
14 years ago
According to the Texas article, no equity loans/equity lines(plus 1st mortgage) can exceed 80% of value of loan. Good idea. However how can they enforce not using the line ...
Good time to be a lanlord?
by
burritos
on 7 Oct 2010
6 comments, latest
14 years ago
http://www.latimes.com/busines In a sign that the nation's foreclosure crisis is taking a toll, renters surged into the U.S. apartment market in the third quarter, pushing up rents and driving ...
So is Patrick’s (yearly rental)l/(cost of house) a good guidline to purchase a home as an investment?
by
burritos
on 15 Sep 2010
3 comments, latest
14 years ago
By burritos Wednesday, 15 Sep 2010 9:11 am | 10 views | 0 comments | email this | edit | subscribe to this post annual rent / purchase price ...
So is Patrick's (yearly rental)l/(cost of house) a good guidline to purchase a home as an investment?
by
burritos
on 15 Sep 2010
Posted 14 years ago
annual rent / purchase price = 3% means do not buy annual rent / purchase price = 6% means borderline annual rent / purchase price = 9% means ok ...
My mortgage broker explained why the mortgage rate is so low...
by
burritos
on 6 Sep 2010
9 comments, latest
14 years ago
I was talking to my mortgage broker and he stated that the reason why the mortgage rate is so low is because the government is buying a ton of ...
Should I go with this mortgage broker?
by
burritos
on 3 Sep 2010
1 comment, latest
14 years ago
'I'm trying to refi my home. My lender offered me a 4.5% 30 year fix with $260 app fee and $3900 to do the loan. I know mortgage brokers ...
Is buying a home like buying a cash life insurance policy?
by
burritos
on 23 Aug 2010
1 comment, latest
14 years ago
Building some equity while paying a premium to enjoy the product(living in an abode vs protecting your dependents financially from your death)?
patrick.net
An Antidote to Corporate Media
1,257,260 comments by 15,004 users - Al_Sharpton_for_President, Onvacation, RC2006, zzyzzx online now