In another move displaying the utter idiocy of the federal government, Fannie Mae and Freddie Mac are now again authorized to offer 125% LTV refi loans. Can somebody out there tell me why this makes sense? Short answer: It doesn't make sense, and this is short-sightedness nearly at it's finest. (The high-water mark for short-sightedness goes to the Obama stimulus program, Read full article »
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The short answer is YES! You can, and should, borrow money to invest in real estate. However, let me clarify. Investing is where you have a realistic plan to make a strong return on your investment. The return is not based on appreciation of the property. It must provide a return on investment after allowing for costs and expenses.