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Rates Drop in Reaction to Jobs Report
The Institute of Supply Management Manufacturing index increased to 51.3 from 50.8% which is a sign of growth in the economy. The JOBS report for May gave us no surprising news. There was a gain of 173,000 jobs in May which was in line with expectations. However the...
How to Make an Extra $1000 in Cash Flow Per Month
Client converts one investment property with $1000 in cash flow to one with $2000 in cash flow. Mr. Investor bought a duplex 5 years ago for $280,000 and now it’s worth $550,000. His rents are $2800 per month. He was clearing $1000 per month, however his...
How Many Loans Can an Investor Have? Answer May Surprise You
True or False: An investor can only have up to 4 loans and no more. FALSE! It’s true that some banks limit their loans to 4 Fannie Mae financed properties, but there is a special contact that some lenders have with Fannie Mae that allows up to 10 properties financed...