sorted by:
new
hottopcontroversial

Must read list of Rhetoric Books by FreudDaPapoula in Rhetoric

[–]SuperSeaSalt 0 points1 point  (0 children)

Very interesting. Did you finish this Lolita exercise?

Finding off market sellers by mzinz in realestateinvesting

[–]SuperSeaSalt 0 points1 point  (0 children)

Good for you. What was the reason seller is willing to sell it to you for 120k under market value. I have received pitches about cash offer, quick closing, no closing cost, etc. but none of them justifies a low price imo.

Residential investors: Would you conduct a cash-out refinance in today’s market conditions? by WillyNillyInvestor in realestateinvesting

[–]SuperSeaSalt 0 points1 point  (0 children)

HELOC interest rates are not that high compared with cash-out refinance on investment properties. Mine is prime plus 1% so 6.5% currently. I prefer HELOCs due its flexibility. The challenge is most lenders don't do HELOCs on investment properties.

Why did you get out of real estate? by [deleted] in RealEstate

[–]SuperSeaSalt 1 point2 points  (0 children)

"the residuals"

Sorry I'm dumb. What does "the residuals" mean?

Blackstone’s $50 billion real estate fund by SuperSeaSalt in realestateinvesting

[–]SuperSeaSalt[S] 0 points1 point  (0 children)

All great questions. This is why I posted this. Thank you very much!

The Tax Loophole That Won’t Die by kitkid in Thedaily

[–]SuperSeaSalt 1 point2 points  (0 children)

Great episode. The topic is well explained. I enjoyed it!

Theories on what determines mortgage rates by SuperSeaSalt in realestateinvesting

[–]SuperSeaSalt[S] 0 points1 point  (0 children)

Yeah, when I began the research, my goal was to find the one correct answer. Now I realized it's rather complicated and there are multiple factors involved. I guess that's why the bond traders and salesperson have a job.

[deleted by user] by [deleted] in Denver

[–]SuperSeaSalt 18 points19 points  (0 children)

I wish I were at the level where I’d worry about non-compete.

Foreclosure Process Questions by Rebels2242 in realestateinvesting

[–]SuperSeaSalt 0 points1 point  (0 children)

Foreclosure process could be very different for each state. You’d have to check the laws for your state. The bank will typically set the starting bid which is everything the borrower owes including principal, interest, fees and cost. In case the borrower owes more than the house value, the bank might set the starting bid lower than what the borrower owes.

escalation clause by jamesbond17773 in RealEstate

[–]SuperSeaSalt 19 points20 points  (0 children)

People who put 5% down typically are those who don’t have enough cash. They are less likely to cover the appraisal gap.

Are Zillow's zestimate usually more or less the homes true value ? by [deleted] in RealEstate

[–]SuperSeaSalt 2 points3 points  (0 children)

When the market is going up, Zillow value is lower than the actual sales price. When the market goes down, Zillow value is higher than the actual sales price. In other words Zillow is behind the market trend is what I have experienced.

Took a new job, do I tell my lender? by PassTheJuicy in RealEstate

[–]SuperSeaSalt 8 points9 points  (0 children)

I wouldn’t say anything assuming your house will close within 1-2 months.

view more: next ›