$100,000 Earned From Elance [mortgagehelps.blogspot.com]
"We are very happy at the progress this coalition has made so far," said Frank Bisignano, Chief Administrative Officer and Mortgage Banking CEO at JPMorgan Chase & Co., a founding member of the 100000 Jobs Mission. "But we remain focused on our goal. 100000 Jobs Mission: 18249 Veterans Hired Through Second Quarter 2012
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mortgagehelps.blogspot.com Bristol's Southmead Hospital costs £100000 a day for 30 yr mortgage - PFI NHS UNISON UK cuts
I hear so many freelance writers discussing bid sites like Elance and whether or not they are good to use. I have always been partial to Elance because I got my real start as a professional with them. However, that was a few years ago and now only about 3-5% of my monthly income comes from there.
If you've read my past works about Elance, you will see that I am discouraged in what they are becoming although I do not blame Elance for it. Maybe you can give a little of the blame to Elance but more so I blame the people who are using the system.
This goes for both the buyers asking for low pay and not realizing the work and the fees that providers must pay as well as the providers willing to do the work for exceptionally low rates. It throws the whole system off to other professionals trying to earn an income in what they do. The only category I've seen take a big hit from this however, is writing.
Another complaint that people have is in regards to the fees.
I read on one forum, "I don't think you should have to pay to get work." While this may seem true when it's stand-alone, when put into context, I disagree.Do you ever shop on eBay? Have you ever bought from a retail store? You're paying the middle man a commission to get you what you need and want when you need and want it. Elance is no different in this. They charge fees for using their service and they take a percentage (or commission) on each transaction but could never have made that connection without them, thereby making it worth it.
But when does it stop being worth it? When the jobs you're getting are low pay or when you can't even get enough jobs each month for it to be worth the membership fees.
Sometimes I fear that's where I'm headed. Yes, I've made $ 100,000 from Elance now but this is over several years.When you look at how much time I've been there and how much money I've invested in it, I should be making more. If I made that much in a year, then it's certainly worth it. If I made it in 2 years even, I'd say it's worth it but as it stands now, I find myself bidding on fewer and fewer projects with them and some months debating whether or not to keep my account open there at all.
More 0,000 Earned From Elance ArticlesQuestion by Rob I: How to qualify for a bad credit mortgage loan after a bankuptcy? Could I get a rate like 8% with $ 5000.00 dollars down payment on a 30 year fixed on a $ 100000 dollar mortgage? Monthly mortgage payment would be around $ 900.00 dollars a month and closing costs would be around 2000 dollars? Best answer for How to qualify for a bad credit mortgage loan after a bankuptcy?:
Answer by Wayne Z
Doubtful. If anyone is willing to do the loan, which is unlikely, the rate would be higher and your required down payment would need to be much higher.
Answer by Equality
NO. Bad credit and no lender will consider you. With all the foreclosures lenders have tightened their guidelines With such a small down payment that means an FHA loan and they are the strictest. No your monthly payment would be much more since you left out PMI, Property taxes and homeowner's insurance Closing costs would be more like 5k to 8k No way can you pay for an appraisal, inspection, title search, title insurance, registration fees and so on with just 2k
Answer by rpf5
That is barley a 5% down payment. Even when the market was good they wanted at least 10% + costs up front. Today it is closer to 20% and your bankruptcy does not help matters. Before applying, go talk to the bank or the realtor & see what they say about your chances of getting a loan. Find out what they want before doing any paperwork. Footnote; $ 900 x 12 months = $ 10800 + escrow + insurance. That is a big chunk of money per month just on the mortgage. You still have to cover upkeep, plus utilities, groceries, the car etc. Make sure your paycheck can support this.
