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Aren't beer producers, even alcohol producers, suppose to be recession proof?

The Sky Will Fall!!!!!

Micheal Moore is a self-propagating idiot!!!!

Or maybe the dollar will gain value when B52 Ben decides not to print it like Larry Flynt prints his magazines????

There is an executive office park off Moulton in Laguna Hills, you might want to try there. Not sure what the prices are but its no more than a street light or two from Irvine.

JBatzmaru I guess it's not really that bad of a deal if you really love the place. If you are really thinking of keeping the place for the long run hopefully you will break-even after ten yrs. My only suggestion is that you try to pay as much towards principal over the first ten...

Is there a penalty for paying down the principal on a 10yr I/O loan?

http://www.investopedia.com/terms/p/put.asp

Well the good thing is that it's 2 bedroom so at the time you are ready to sell down the road it will be an easier sell. However, at 353 dollars / sqft that is not my cup of tea. How much are you putting down?

hs_teacher <em>"</em><em>for every one loser of a flipper wannabe, there's another one who's taking a nice cruise in the bahamas.</em> <p><em>i actually know a friend who sold two years ago and pocketed over 200k.</em></p> <p><em>since then, he has been working very...

Because I am lazy is this a one or two bedroom condo?

Man the grinch stole xmas!!!!!

Halfnote I would start out by printing out some of the wonderful analysis IrvineRenter has posted here. Then maybe do a google search and find some flips-gone-flops and show those to your dad.

JESUS!!!! What kind of Kool-Aid is he drinking?

FE...so are you saying Mozillo is a moral CEO? I think their are alot of good CEOs out there that are very moral. Jeff Immelt comes to mind first.

0point0 Just from a quick glance their is really not a reason to do this. Take the extra money they are going to be charging you per month and just add it to principal payments at the end of the yr or start making biweekly payments. Like it was stated above banks are in the business to...

Lets take a straw poll.....does Mozillo run CFC in a moral way?

Bix You bring up a really good point that I have been contemplating while reading this thread. The originators and those who took out some of these exotic where probably not "moral" people and were looking for a quick / easy way to get ahead. We have all heard of the cash back schemes...

"The banks consider the risk of people walking away and build that risk in to the price of their products." Yes and they did a pretty crappy job over the last 2 to 4yrs and now everyone will pay for it over the coming yrs.

Fishhead (by the way, good, successful businesses are definitely run with morals and decency) That is you think they are until the sh*t hits the ceiling and everybody turns and burns.