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Old 11-10-2018
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aspkin aspkin is offline
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Default Re: Investments in this Economy?

Originally Posted by phaz0rz View Post
I'm sure it will. Story of my life. They're just waiting for me to sell off, then it's up to $20k like BTC did.

Aspkin's deal sounds pretty good in the meantime though. At least I would know where the investment is heading.

How does it work Aspkin? You would get a total of $1000 back on your $10k investment, with the $1000 being divided up into interest payments over 60 months? $17 a month return?
Nono.. it's more like $200ish a month interest only payment.

Here is a interest only mortgage calculator: https://www.bankrate.com/calculators...alculator.aspx

At the end of the term it's a ballon payment of the loan.

What you're looking for are real estate investors who are looking for hard money (most are looking for this); you find them in real estate meetup groups.
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