Heloc used to be at Prime rate, and it`s just went up to prime + 1% (same as variable mortgage rate now) Although I dont trust it being like this for too long.
wow, thank you so much Thomas and Neil...I will keep on searching and find better deals soon...and after I do that, I`ll post them on this site and ask for your opinions again!
Thanks for the links. The price is still negotiable, but with today`s economy, is it ideal to still invest in commercial buildings? Vacancies will be a killer for these deals...it`s not like residential, and it`s definitely not a necessity. Please post more opinions...thank yoU!
Hello Everyone,
I`m very green in real estate investing. Although I have read numerous books, attended seminars on due diligence and everything else...I am still not confident enough to go out and say that I can forsee all the problem areas. I understand that one way of learning is through...