Here we are, day 22… I’ve gotten ONE response from Citi a couple days ago indicating they would make our loan a priority, but as usual, false promises…haven’t heard a word. Recently, Steve and I created a joint checking and savings account with a local credit union to keep our earnings from our investment property. For …
Monthly Archive: February 2012
Feb 21
What the Bug is That?!
So what else can we do throughout our contingency period (17 days)? Well…you don’t have to do anything, but there are probably a couple things you WANT to do to find out everything you can about the real estate in order to assess the potential of the investment. Inspections, inspections, inspections! If you recall from …
Feb 16
Almost there… I FEEL IT
I’ve been busy the past couple of days with a lot of reading and paperwork; we’re almost there, almost at the finish line, but things just like to pop up and slow you down. We put an offer on our first house on February 2nd, with the end of the month as our target for …
Feb 14
The Snowball Effect
I know Cam already went over the snowball explanation for our title with his poetic jargon and nonsense in his introduction. But let me tell you what it really means in technical terms. Being an engineer, I have to first state my assumptions before doing any calculations Let’s assume that all the houses we intend …
