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re: 30 Year Mortgage Rates - What is Reasonable - stevengtiger on 10/27/17 at 10:18 am
[quote] I just wonder if this is a case of using a small town mortgage company.[/quote] Not sure about that but I would definitely look around. Your credit score and down payment should get you lower than 4.125%. At least I would think so. Someone on here may correct me. ...Jump to Post - View Topic - Replies (0)
re: Information for my fellow Real Estate Investors - stevengtiger on 10/27/17 at 9:57 am
[quote]The LOC works best with flips as you know. With rentals you will either pay OOP or payback what you used on the LOC for down payments. [/quote] This is where having a good realtor helps us tremendously. Example below. Purchase price: $65,000 (deal under market value) Rehab: $7,000 ...Jump to Post - View Topic - Replies (0)
re: 30 Year Mortgage Rates - What is Reasonable - stevengtiger on 10/27/17 at 9:51 am
The two questions I have is about your credit score and down payment? If you have good credit and are putting down a decent amount, you should be doing better than 4.125 and probably closer to 3.85-3.90. This was as of a day or two ago. Now if your credit is just OK and you are putting down 5% o...Jump to Post - View Topic - Replies (0)
re: Hi, my name is GRTiger, and I'm addicted to Golf Clash - stevengtiger on 10/26/17 at 4:36 pm
[quote]So I've realized that they basically group you in with 99 other people at the same level.[/quote] Seriously had no clue. Well thanks for ruining my Clash life bro. ...
Posted on O-T LoungeJump to Post - View Topic - Replies (0)
re: Hypothetical: Should the Allies have attacked the Soviet Union after Nazis we’re defeated? - stevengtiger on 10/26/17 at 10:04 am
Would have been terrible for both sides. I can't even imagine how many troops the allies would have lost after seeing how the soviets were willing to lose tens of millions to beat the nazis. The world would be a completely different place. ...
Posted on Political TalkJump to Post - View Topic - Replies (0)
re: Information for my fellow Real Estate Investors - stevengtiger on 10/26/17 at 8:12 am
[quote]NO! use the mortgages as leverage, it gives you a better COC ret[/quote] I would look into putting that $500K into a secured fund of some type. Bonds, etc. and then take out a secured line of credit of around $350K with your funds as collateral. That is plenty of money to get started. I'd...Jump to Post - View Topic - Replies (2)
re: Shopping for mortgage/refinance loan? - stevengtiger on 10/16/17 at 10:07 am
[quote]Current rate 6.25% 20 yr amortization. [/quote] How long have you been paying 6.25%? That is almost double what you could get for a 15 year term right now. ETA: To your question, there are several good banks around NWLA, if you are in Bossier. I use Bancorp for my real estate but I wo...Jump to Post - View Topic - Replies (3)
re: If you had a million dollars to invest - stevengtiger on 10/16/17 at 8:37 am
[quote]oh please explain how RE is better than the 500% ive made sitting on my arse investing in BTC this year [/quote] You are talking about an anomaly. BTC has been a crazy deal and I am happy for anyone that has done well with is but in general, you are not going to get 500% on anything in the...Jump to Post - View Topic - Replies (2)
re: Cancun: All inclusive or Marriott Cancun on points? - stevengtiger on 10/6/17 at 2:29 pm
[quote]Playa is a cool [/quote] Unfortunately, we did not venture into Playa. We did rent a car at the resort and drove through Playa to Tulum. Saw the ruins, ate at a small restaurant and went to the Garden of Eden cenote. Was one of the best days I have spent with my wife. The cenote was incred...Jump to Post - View Topic - Replies (0)
re: Cancun: All inclusive or Marriott Cancun on points? - stevengtiger on 10/6/17 at 1:29 pm
I know you said Cancun, but the wife and I stayed at the Grand Princess in Playa Del Carmen about a year ago and loved it. You can get a swim out suite for about $20/night and it is worth it. Food was great, drinks were great and they have several huge pool areas. Beach was good but kind of crowded ...Jump to Post - View Topic - Replies (1)
re: Information for my fellow Real Estate Investors - stevengtiger on 10/3/17 at 11:43 am
[quote] I am happy for you though. Love to see this type of success[/quote] Thank you sir! [quote]You will be retired at 40 at this rate.[/quote] My real goal is to retire around 52-55 years old and be able to do what I want. ...Jump to Post - View Topic - Replies (0)
re: Information for my fellow Real Estate Investors - stevengtiger on 10/3/17 at 11:40 am
[quote]You do a majority of the work yourself?[/quote] Negative. I have a contractor that does just about everything and my realtor handles the rest. I have mentioned it before but I have a great team that I depend on for just about everything but signing the paperwork. Not doing the work ourselv...Jump to Post - View Topic - Replies (0)
re: Information for my fellow Real Estate Investors - stevengtiger on 10/3/17 at 10:07 am
Been doing pretty good. Real job has me pretty busy but we have been steadily increasing our property count. Up to 6 occupied rental houses and currently working on 6 flips. Have 3 completed and on the market with one under contract and working on 3 more projects to flip. If we can get the house...Jump to Post - View Topic - Replies (2)
re: This little tiger needs your help **updated w/ link ..... - stevengtiger on 9/20/17 at 3:53 pm
As a father of a 4 year old and 2 year old daughters, this hits home for me brother. God bless and good luck to Katie. I'll be thinking about you and the wife as well. I honestly could not imagine going through what you are right now. Stay strong and keep us posted. Great looking kids!! ...
Posted on Tiger RantJump to Post - View Topic - Replies (0)
re: At what point and age did your 401k really start to grow? - stevengtiger on 9/15/17 at 8:20 am
I am having the same issues as the OP as far as not seeing much movement but know it will just take time. IMO, 401K is just one of those financial rules you follow and it will pay off over the on long term. Set it up, get a company match and check it every other month or so. Ride out any downturns w...Jump to Post - View Topic - Replies (0)
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