http://www.finandom.com/blog/2007/07/16/how-to-build-wealth-from-real-estate-in-any-market-trends/ Tips to Achieve Financial Freedom and Retire Wealthy Fri, 12 Mar 2010 02:55:44 +0000 http://wordpress.org/?v=2.7 hourly 1 http://www.finandom.com/blog/2007/07/16/how-to-build-wealth-from-real-estate-in-any-market-trends/comment-page-1/#comment-5227 CoRE Link Post #51 | Carnival of Real Estate - Real Estate Blogging Tips and Tricks Sun, 29 Jul 2007 16:23:11 +0000 http://www.finandom.com/blog/2007/07/16/how-to-build-wealth-from-real-estate-in-any-market-trends/#comment-5227 [...] presents How to build wealth from Real Estate in any market trends posted at Journey To Financial Freedom, saying, “How to build your wealth from real estate in [...] [...] presents How to build wealth from Real Estate in any market trends posted at Journey To Financial Freedom, saying, “How to build your wealth from real estate in [...]

]]> http://www.finandom.com/blog/2007/07/16/how-to-build-wealth-from-real-estate-in-any-market-trends/comment-page-1/#comment-4925 Dough Roller Wed, 18 Jul 2007 04:01:26 +0000 http://www.finandom.com/blog/2007/07/16/how-to-build-wealth-from-real-estate-in-any-market-trends/#comment-4925 I too have found that real estate can be a great investment. It can also be a risky investment if not handled properly. For example, I know a number of real estate investors that bought property as prices were going up with the plan to flip it for a huge profit, only to find that prices went flat and then down before they could sell. Many are comfortable timing the market, though I've concluded market timing is a talent I don't have. With respect to a cash out refinance, in my experience the problem is that the interest rate is considerably higher than if you refinance the existing balance only. I'd be curious to hear if others have experienced the same thing. I too have found that real estate can be a great investment. It can also be a risky investment if not handled properly. For example, I know a number of real estate investors that bought property as prices were going up with the plan to flip it for a huge profit, only to find that prices went flat and then down before they could sell. Many are comfortable timing the market, though I’ve concluded market timing is a talent I don’t have. With respect to a cash out refinance, in my experience the problem is that the interest rate is considerably higher than if you refinance the existing balance only. I’d be curious to hear if others have experienced the same thing.

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