Why is it so tough to get a loan?

FHA Update 2013

Mortgage rules are dranconian

Even Ben Bernanke was turned down for a refi because he was not at his present job for 2 years.

Huh?

Because of the giant fraud that happened in the early part of the century when banks allowed anyone who could breathe get a loan, the pendulum has swung too far the other way. Giants FHA and

Read more on Why is it so tough to get a loan?…

Self directed IRAs are the key to successful retirement

beachInvesting in real estate using your IRA.

HERE’S A GREAT ARTICLE ABOUT THIS SUBJECT FROM BILL BRONCHICK, ESQ.

We get several inquiries a day at my office about setting up a self directed IRA for real estate investing.  This articles discusses what a self directed IRA is, and how it is different than a regular IRA.

Read more on Self directed IRAs are the key to successful retirement…

Should i buy a condo?

Are condos a good investment?

moneyapartment

Usually condos are like L.I.F.O (last in, first out). What that means is that they are the last ones to go up in a boom, as sfh get too expensive. However, when the market collapses, they are the first to go down, Right now condo inventory is low. However, as building has ratcheted up, it’s not condos- its apartments. Condos are not being built.

Read more on Should i buy a condo?…