Lake Robinson Topics: Crazy high real estate prices
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Name:   CRD The author of this post is registered as a member - Email Member
Subject:   Crazy high real estate prices
Date:   4/5/2022 10:41:09 AM

In your example, MM, the LTV ratio would be a whopping 1.44.  Either you would pay down the principal with XS cash, (if you took out a loan) OR, make substantial home improvements to increase the value to get that ratio down in the 0.8 range. Paying cash alleviates all of this, but I can think of a better use of 1.6 Mil than on real estate that is relatively overpriced because of the bubble.   Either way, those options would certainly contribute to new onset hypertension if this was a second home.  Am I correct?

Other messages in this thread:View Entire Thread
Crazy high real estate prices - MartiniMan - 4/5/2022 10:06:46 AM
     Crazy high real estate prices - CRD - 4/5/2022 10:41:09 AM
          Crazy high real estate prices - GoneFishin - 4/5/2022 11:02:02 AM
               Crazy high real estate prices - MartiniMan - 4/5/2022 5:29:18 PM
          Crazy high real estate prices - MartiniMan - 4/5/2022 5:22:06 PM
     Crazy high real estate prices - MrHodja - 4/5/2022 11:59:19 AM
          Crazy high real estate prices - wix - 4/5/2022 3:19:38 PM
               Crazy high real estate prices - BAJ - 4/8/2022 1:16:51 AM
          Crazy high real estate prices - Mack - 4/7/2022 6:12:58 PM
     Crazy high real estate prices - Talullahhound - 4/6/2022 8:14:59 AM
     Crazy high real estate prices - lucky67 - 4/6/2022 3:24:15 PM
          Crazy high real estate prices - Talullahhound - 4/6/2022 5:29:54 PM
               Crazy high real estate prices - MrHodja - 4/6/2022 6:26:25 PM
                    Crazy high real estate prices - Talullahhound - 4/6/2022 9:27:48 PM
          Crazy high real estate prices - wix - 4/6/2022 9:32:37 PM
               Crazy high real estate prices - lucky67 - 4/10/2022 9:49:24 AM
                    Crazy high real estate prices - MrHodja - 4/10/2022 12:22:27 PM
                         Crazy high real estate prices - Talullahhound - 4/11/2022 5:23:39 PM
                              Crazy high real estate prices - wix - 4/11/2022 9:18:15 PM
     Crazy high real estate prices - boataholic - 4/22/2022 10:28:16 AM
          Crazy high real estate prices - wix - 4/25/2022 9:40:21 PM



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