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Updated 9 months ago on . Most recent reply

Dave Ivery's profile image
Dave Ivery's profile image
Dave Ivery
  • Lender
  • from Nationwide
  • Member since May 29, 2024
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Dave Ivery's profile image
Dave Ivery's profile image
Dave Ivery
  • Lender
  • from Nationwide
  • Member since May 29, 2024
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Dave Ivery
  • Lender
  • Nationwide
1
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Investor Mindset

Why do so many people fail to get started?

Dave Ivery
  • Lender
  • Nationwide
Posted

I am just curious. With so many resources available, 100% financing programs, down payment assistance programs, urban development programs, places where sellers are begging you to buy their homes, and platforms like this for free training and guidance why do so many people who want to get in REI fail to actually get their first home under contract. Does it have something to do with location, fear of failure, or something else?

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Nicholas L.'s profile image
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Nicholas L.
  • #1 Starting Out Contributor
  • Flipper/Rehabber
  • from Pittsburgh
  • Member since Jun 5, 2018
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Nicholas L.'s profile image
Nicholas L.'s profile image
Nicholas L.
  • #1 Starting Out Contributor
  • Flipper/Rehabber
  • from Pittsburgh
  • Member since Jun 5, 2018
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Nicholas L.
#1 Starting Out Contributor
  • Flipper/Rehabber
  • Pittsburgh
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Nicholas L.
#1 Starting Out Contributor
  • Flipper/Rehabber
  • Pittsburgh
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@Dave Ivery

I actually think it's pretty tough to get started right now

Low inventory, higher interest rates, and lots of competition for properties

  • Nicholas L.
    • 6 Votes
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