The American way of … The American way of living off of money that isn’t yours and you can’t pay back is lame and i don’t feel sorry for them. I learned my lesson just from some credit cards and i have learned to live on a cash only basis. Don’t live outside your means!
-her expenses are $3000 a month $36000 a year
-she will bring in 40k this year
-she can get a 2nd job making at least $250 a week thats 13k a year
-she can rent the home for $1200 and move into an aprt thats $750ish
-thats $5400 more a year from the house
-cut cable and eat caned food
Because of people … Because of people like this. People who borrow money so they can put on a front and PRETEND TO BE RICH. OH look at me in my expensive house, nice car, and Prada sunglasses with my nose in the air! Oh BTW. Don’t tell anyone but (whisper) it’s all financed by debt. She is the reason why we all work harder, why things cost so much today, economic problems. Why your taxes are so high. People like her inflated the bubble. AS a result people like were FORCED TO RENT. Does that answer your question?
This is tried and … This is tried and true evidence that you should never depend on wages, commissions, or other forms of personal compensation to finance your luxuries. This poor lady is the status quo of 99% of our Middle Class. $600 worth of personal consumption debt and using bodily labor as a means to extinguish the debt. She could have structured that Rental in an LLC and no bad marks would have even been on her Personal Credit rating. The LLC could have filed BK as a separate legal entity. Live & learn
Someone with 10 … Someone with 10 years of experience in the real estate market should be able to make an intelligent decision when it comes to financing a house.
My mother was also a single parent and made less then this woman did and still maintained a home!
it wasnt in a healthy neighborhood, but my mom was comfortable with the mortgage payments! We lived low-middle class but we had a home that we knew wasnt going to be foreclosed!
she ought to have … she ought to have known better! live w/in your means!! she owes MORE than it’s worth? sorry …it’s called greed.
..can’t feel bad for those that thought they’d get something for nothing…arm’s …key word: *ADJUSTABLE*!
The fact that this … The fact that this lady is a realtor means nothing. 60 hours of classes you can rush through in 2 weeks and an easy test and you can be a realtor to. All that means is she paid a crapt load of money to be one. She is an idiot though. A third mortgage for a pool? Buying a rental property with 3 mortgages? Her problem is she likes to BUY stuff. (like most women) I am a realtor also btw but I know adjustable rate mortgages suck. I feel bad for her clients. I’d hate to see the advice SHE gave!
Sub-prime loan. … Sub-prime loan. Interest only loan that increases after a certain number of years. Co-signer w/ superb credit. My sister used to process loans for people who didn’t deserve to get a home loan 2-3 years ago and they got approved. There were a lot of hard money lenders at that time looking for a high interest profit.
25 responses so far ↓
left, the women is …
left, the women is a realtor…when did she say she bought 3 cars, 10 tvs etc
true true…this …
true true…this wasnt even mentioned
say it..the …
say it..the american system is too corrupt to be trusted…its the way interest is calculated here.
The American way of …
The American way of living off of money that isn’t yours and you can’t pay back is lame and i don’t feel sorry for them. I learned my lesson just from some credit cards and i have learned to live on a cash only basis. Don’t live outside your means!
This is bad advice …
This is bad advice
-her expenses are $3000 a month $36000 a year
-she will bring in 40k this year
-she can get a 2nd job making at least $250 a week thats 13k a year
-she can rent the home for $1200 and move into an aprt thats $750ish
-thats $5400 more a year from the house
-cut cable and eat caned food
NEVER LOSE A HOUSE IF YOU DONT HAVE TO!
When hits the …
When hits the fan its everywhere.
She’s not angry …
She’s not angry shes speaking with passion because she cares.
Suze is awesome.
Suze is awesome.
Because of people …
Because of people like this. People who borrow money so they can put on a front and PRETEND TO BE RICH. OH look at me in my expensive house, nice car, and Prada sunglasses with my nose in the air! Oh BTW. Don’t tell anyone but (whisper) it’s all financed by debt. She is the reason why we all work harder, why things cost so much today, economic problems. Why your taxes are so high. People like her inflated the bubble. AS a result people like were FORCED TO RENT. Does that answer your question?
wow! why so angry!
wow! why so angry!
This is tried and …
This is tried and true evidence that you should never depend on wages, commissions, or other forms of personal compensation to finance your luxuries. This poor lady is the status quo of 99% of our Middle Class. $600 worth of personal consumption debt and using bodily labor as a means to extinguish the debt. She could have structured that Rental in an LLC and no bad marks would have even been on her Personal Credit rating. The LLC could have filed BK as a separate legal entity. Live & learn
Someone with 10 …
Someone with 10 years of experience in the real estate market should be able to make an intelligent decision when it comes to financing a house.
very true!
My …
very true!
My mother was also a single parent and made less then this woman did and still maintained a home!
it wasnt in a healthy neighborhood, but my mom was comfortable with the mortgage payments! We lived low-middle class but we had a home that we knew wasnt going to be foreclosed!
I thought it was …
I thought it was for the rental property?
DONT LISTEN TO THIS …
DONT LISTEN TO THIS SHES A FRAUD.
she ought to have …
she ought to have known better! live w/in your means!! she owes MORE than it’s worth? sorry …it’s called greed.
..can’t feel bad for those that thought they’d get something for nothing…arm’s …key word: *ADJUSTABLE*!
pool? more like stupidity!
Outlaw Adjustable …
Outlaw Adjustable Rate Mortgages!!
A 40 thousand …
A 40 thousand dollar salary is bad if you are in Los angeles
I’d give up my 401k …
I’d give up my 401k just to have a night with her. I bet she’s kinky and aggressive in the bedroom mmmmmmmmm
Suse is a wealth of …
Suse is a wealth of knowledge
I tell you one …
I tell you one thing, she is sexy as . I’ll go into my 401k to take her out. LOL
The fact that this …
The fact that this lady is a realtor means nothing. 60 hours of classes you can rush through in 2 weeks and an easy test and you can be a realtor to. All that means is she paid a crapt load of money to be one. She is an idiot though. A third mortgage for a pool? Buying a rental property with 3 mortgages? Her problem is she likes to BUY stuff. (like most women) I am a realtor also btw but I know adjustable rate mortgages suck. I feel bad for her clients. I’d hate to see the advice SHE gave!
They have been …
They have been doing that for several years now. Google “employers and credit checks”.
Sub-prime loan. …
Sub-prime loan. Interest only loan that increases after a certain number of years. Co-signer w/ superb credit. My sister used to process loans for people who didn’t deserve to get a home loan 2-3 years ago and they got approved. There were a lot of hard money lenders at that time looking for a high interest profit.
Never underestimate …
Never underestimate the power a bubble.