Favorite team:LSU 
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Interests:ESPN, MONEY
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Number of Posts:37
Registered on:10/9/2011
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Recent Posts

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I think most of these (c)rackas are mad that these Indians that are not originally from here are coming to Louisiana and are owning (very successfully) multiple businesses and are able to afford things that the average Louisiana resident cannot afford. Be as racists as you want towards us, just reme...
Where is a good place to watch the game in nola?...

re: Possible Apartment Complex Purchase

Posted by stunna87 on 10/20/12 at 10:12 am
I do not have a set return of investment goal that I am looking at here since the only thing out of my pocket is the downpayment of 150k and the two 30k balloons. I'm looking at this as a long term investment and expect it to cash flow down the road when I can refinance the loan and get cheaper mont...

re: Possible Apartment Complex Purchase

Posted by stunna87 on 10/19/12 at 9:15 pm
I have this information so far...this is from last years expenses: Real Estate Tax: $12,087 Property Insurance: $30,000 Management:I will handle this Payroll: $34,000 Repairs/Maintenance: $34,000 Utilities Phone: 600 Gas: 1,480 Electric: $15,000 Water: $37,500 Accounting: $1,500 Cont...

Possible Apartment Complex Purchase

Posted by stunna87 on 10/19/12 at 8:07 pm
I have come across a scenario where a friend of mine wants to get rid of his apartment complex. I have a huge interest in real estate so I have been talking to him for the past three months and now he wants to work with me to sell his complex. His reasoning is he wants to concentrate on his other bu...

re: Question about PMI

Posted by stunna87 on 4/24/12 at 8:57 pm
Thanks for the info. No i dont have any papers from the loan officer. All are from the closing office...I'l check through that paperwork and see if I can find anything....

Question about PMI

Posted by stunna87 on 4/24/12 at 8:12 pm
Money board I need your help on a topic I am not familiar with. I recently refinanced an investment condo through BOA to a 15 yr fixed rate. I had to get a PMI provision with the new loan since it did not meet loan to value. I reached the necessary loan to value mark of 20% last month and called BOA...