haha, have I done it? NO, the banks locally knows me too well.

haha, have I done it? NO, the banks locally knows me too well, I can only get investment loans, so my mortgage interest rates are vary from 6.75 to 7.95, I don't mind paying that as long as the bank willing to lend and I can still have positive cash flow.

have I seen it done before? many many times, most all the small landlord I know or know of, done it to start with, have I seen any loans got recall? NO, not one case in my 20 years of RE life, but is that mean it will never happen? I never said that. if anyone know such a case, I would sure like to know.

and let me make one thing clear, I never encourage anything here, if you ever read my previous posts, I don't even encourage people going in the rental business at all.

所有跟帖： 

• jy101, I though you're in RE for only 10 years. -sunskitehomes- ♂ (0 bytes) () 10/29/2009 postreply 19:53:45

• haha, 19 years and counting, first property is 1989. -jy101- ♂ (75 bytes) () 10/30/2009 postreply 05:10:57