heloc

The Shrinking HELOC

by Tom Koziol | September 25, 2008

All serious real estate investors understand the importance of having a hefty HELOC in their back pocket. At least I think they do or I wouldn’t make that kind of bold statement. I am in no way intimating having or using a HELOC is the only way to buy property. I’m simply saying it is [...]

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Commentary

Real Estate’s Perfect Storm – Are you ready?

by Rob Powell | July 6, 2008

“BOOM! Here comes the BOOM….ready or not!” – from the song Boom by P.O.D. Greetings from the Metropolis of Cedar Crest, New Mexico! With a torn achillies tendon, I hobbled my way into the gym and turned up my Ipod. The song Boom by P.O.D. (one of the best workout songs there is) came on [...]

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Mortgages & Lending

Home Equity Credit Lines Cut. How You Get Screwed Two Different Ways

by Charles Feldman | June 11, 2008

Watch out. The home mortgage crisis may be about to belt you in the face and you may not even be aware the blow is coming. A truly frightening article in the New York Times about the “shrinking lines of credit” and what it may mean for homeowners–and we are not talking about homeowners facing [...]

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Flipping Houses

You Found A Great Rehab Deal. Now, How Do You Fund It?

by Richard Warren | March 10, 2008

You’ve been hunting for that perfect rehab deal like a Neanderthal stalking a mighty Mastodon. You’re sure you’ve found it. The after repair value and renovation costs will allow for a hefty profit. You should even be able to set a price that will result in a quick sale when the rehab is complete. There [...]

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