Window Seat

Four pie-shaped ottomans come together to create a round cocktail table. A chocolate tufted-back sofa is very practical as it is forgiving of spills.

come together to create a round cocktail table. A chocolate tufted-back sofa is very practical as it is forgiving of spills.

Four pie-shaped ottomans come together to create a round cocktail table. A chocolate tufted-back sofa is very practical as it is forgiving of spills.

come together to create a round cocktail table. A chocolate tufted-back sofa is very practical as it is forgiving of spills.

Accumulating debt is not the same as increasing your Loan to Value ratio to extremely high level like 100% leveraged or even 130% leveraged. This kind of leverage may be too much risk. Accumulating debt is done by splitting your cash into smaller portion, buying lower priced properties in LPSG area, for example buy 200K level house with a down pay of about 20%. Due to cash advantage you earned from high price regions, you now can split your cash reserve into many 20% down pays, accumulate low priced properties with this ratio. All of your cash may only be enough to buy 2 houses in Bay area, but they may be enough to buy 15 houses in Salt Lake City. That’s how you can use the same cash amount to accumulate 5 times or even 10 times more borrowed money from banks.

The Real Estate Club of Los Angeles
http://www.realestateclubla.com

Contact: Phyllis Rockower
Telephone: (310) 793-7069
When: 2nd Tuesday of each month, 7:30pm
Where: Crowne Plaza (starting in March: Radisson LAX), Los Angeles

San Diego Creative Investors Association
http://www.sdcia.com

Contact: George Moreno
Telephone: (858) 499-1018
When: 2nd Wednesday of each month, 6:00pm networking, 7:00pm meeting
Where: Scottish Rite Center, Mission Valley

Orange County Real Estate Forum (OCRE)
http://www.ocreforum.com

Contact: Norm Rockmael
Telephone: (949) 726-8446
When: 2nd Thursday of each month, 7:00pm to 10:00pm
Where: Double Tree Hotel, Irvine Spectrum
Pacifica Ave. & Barranca Pkwy., Irvine

Does buying a single-family home in a great neighborhood seem out of your financial reach? Don’t give up yet - consider buying a multi-unit property instead.

What is a multi-unit property? Any house that has at least two separate living units or apartments is usually considered a multi-unit property. You can live in one unit, then rent the additional unit(s) to tenants for income that can be applied toward your monthly mortgage payment. Plus, any repairs and improvements you make to your rental unit may be tax deductible.*

The credit crunch has not been restricted to home owners and small investors however. It is being felt all the way up the top of the borrower food chain with the likes of famed buyout firms such as Kohlberg Kravis Roberts (KKR) and buyout fund Cerberus Capital Management. Both firms were rebuffed by global debt markets in July along with forty-four other leveraged buyout deals in failed attempts to raise some $60 billion . “We are seeing a simple but extremely powerful de-leveraging of the global markets” observed Doug Cliggett, Chief Investment Officer of Dover Management.