I had this forwarded to me awhile ago and I still love it.. Read it, learn it, love it.
——————————————————-
An economics professor at a local college made a statement that he had never failed a single student before, but had once failed an entire class.
That class had insisted that Obama’s socialism worked and that no [...]
Fast Food Lodging
Nov 18th, 2009 by Vinny
This is pretty funny but it does point to something useful, you can rent small spaces and people will live there. I have heard of renting out large closets (have an extra walk-in?) for cheap. You just have to deal with a person in the closet from now on
Don’t forget about the garage, [...]
Vista High CPU Usage on HP laptop
Oct 13th, 2009 by Vinny
Had to post this issue I’ve had since I got my HP laptop. Every time I open the first application, explorer.exe goes crazy and sits at 50% CPU usage. Doesn’t matter if everything is shut down, it just eats cpu, which in turn causes the fan to run constantly and melt anything that sits under [...]
What is Fannie Mae
Oct 5th, 2009 by Vinny
A little factoid on who they are and what they do. If you are applying for a mortgage or investment property, you will hear that banks use the Fannie Mae or Freddy Mac guidelines for loan underwriting. That means if the bank wants to sell the loan off to the government, it has to incorporate [...]
Digital devices, oh how I loath thee Palm Pre
Sep 29th, 2009 by Vinny
I have been using the Palm Pre from Sprint for a few months now and its been a good experience. I tend to forget how much we rely on those little devices, for email, messaging, pictures, you name it.
Well this morning I woke up, my device had been upgraded and it needed to either “erase [...]
Sell these houses!
Sep 27th, 2009 by Vinny
Here are two of our homes for sale, if you know a buyer looking for a quality remodel send them here:
FHA 90 day waiver, not for us!
Sep 25th, 2009 by Vinny
The new FHA 90 day seasoning waiver is not for us investors. That only applies the cities and other government agencies (or companies that work for them) to sell homes without having to wait out the 90 day re-sale period.
http://www.hud.gov/offices/hsg/sfh/waivpropflip.pdf,
Specifically:
Section 203.37a(b)(2) of the FHA regulations. 24 CFR, is hereby waived for a period of one [...]
The Associated Press: Fed slows housing market plan; rates to stay low
Sep 23rd, 2009 by Vinny
Sounds like good news on the main front, lets hope homes keep selling and they extend the tax credit!
——————————————————————————-
WASHINGTON — Signaling confidence in a recovery, the Federal Reserve decided Wednesday to stretch out the pace of a program intended to lower mortgage rates and prop up the housing market.
Even so, rates on home loans are [...]
Bank of China Provides $120 Million Loan On New York Times Building
Sep 9th, 2009 by Vinny
These kind of articles scare me. China owns so much of our debt, and now they are lending us even more money directly.. Scary times!
——————————-
How long does it take for a borrower to secure a first mortgage on 21 stories of the New York Times Building? After countless rejections by lenders, about six months, according [...]
Pools are not much fun
Aug 28th, 2009 by Vinny
I have been battling with a pool at one of our re-hab houses for weeks now. It all started by purchasing an auction house with a large diving pool in the backyard. It was empty and had the usual green muck at the bottom. The diving board was also broken so that eventually got removed. [...]