real estate investing now

Who's winning right now in real estate?

I'm trying to stay there, but it seems that everyone is so tight. Banks are going to sit on the bench. I'm going to buy but I feel that every time I walk into a property that the bank will close the door and say come back next year. I know that now is the time to buy. Banks make it difficult to flip, keep or make any head way. What is the secret of some of large? If you can not collect from a property to move to the next, how can we continue to invest? Well, I have some money that I'm working and the fate of find a local private lender. I'm just trying to charge a little for the refinancing. So now I'm below 70% LTV, with good cash flow. I want to wait 2 years or more.

The winners in the real estate investment at this time are the real long-term owners of rental properties. A house or condominium is not really an investment property, changing homes is similar to a pyramid need a fool increasing to make money. Cash is king, and this also means equity, people think that you should have cats to their properties with mortgages to get the capital to reinvest But the real rich know that's bullshit in the long term. He could have kept out two mortgages on small apartment buildings that I have and keep buying property with low-low but I just paid by mortgages over 17 years, one is free and clear, and the other is probably not even 50% LTV and have nothing to worry about. hell I want my tenants to move so the rent is raised every year, low rent control to dump the car, even more pathetic than 3 or 4 percent permitted in the City of Los Angeles if they move. So while the market is to fill the tank, the rental income covers all my expenses and now add on because I a lot of equity. I have equity do not go throwing my money around chasing some get rich quick scheme mortgaging everything I have. It was not easy to Initially, I dropped a good amount of cash to buildings in recent years, but now days the return is worth it.

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