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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (108891)6/29/2010 4:23:09 PM
From: Hawkmoon  Respond to of 110194
 
I would agree with you BC..

My cousin, who in construction, was suffering under a 10% ARM..

We bailed him out with a 5% 30 year fixed at about 50 LTV..

He's extremely grateful and we're happy we could do it.. It's what my father would have wanted.

Hawk



To: Broken_Clock who wrote (108891)6/29/2010 5:39:19 PM
From: RetiredNow  Read Replies (1) | Respond to of 110194
 
Interesting idea. That sounds risky, though, to a newbie in real estate like me.


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