The Carnival of Wealth Building is up at Home Equity Loan Lowdown. This second edition had 15 posted entries. The ones about real estate are:
WBL presents How To Invest In Real Estate posted at Wealth Building Lessons. Bread and butter properties are just your basic, no-frills 3 bedroom, 2 bath, 2 car garage homes which are usually around 1250-1500 sq ft. These properties will give you the best rent-to-mortgage ratio.
Amy Pedersen presents Credit Repair Companies and Debt Consolidation, Do They Really Do Anything? posted at Your Credit Score Secrets. While many people tend to think that the only thing that can actually fix credit is time, in reality, there are a ton of things out there that can help you to repair your credit score yourself. Time is only one piece in the big puzzle.
Edithyeung presents How to Analyze Real Estate: Single Family Homes (SFH) posted at Stewart Hsu. If you buy a new SFH with a 20% down-payment, chance are the property is going to be negative cash flow, which means that your rental income will not cover all of the operating expenses associated with owning the property
Darius presents How much worse can housing get? posted at Related to Mortgage. The slow drift downward in long-term rates stopped this week, the 10-year T-note at 4.69 percent, mortgages settling just above 6.25 percent.
Tracy Coenen presents Home buyers suing to get out of contracts posted at FRAUDfiles. Cancellation rates on these home buying contracts may be as high as 30%. The story highlights a few situations in Florida, where attorneys are even advertising their services to people who want to get out of their contracts.
And, your truly. America's Most Opinionated Mortgage Broker, took last place with:
Brian Brady presents What's my rate? It looks like I gotta WACC you ! posted at The Most Opinionated Mortgage Broker. CAN YOU GET A FIRST MORTGAGE WITH A RATE BETTER THAN 6.575%? Find out...
Thanks to Sagar Satapathy for hosting this new carnival.
