All Forum Posts by: Nathan Barshinger

@David Song I agree. Your answer was well written and to the point

@Brenden Mitchum that's great advice. I was also wondering (keep in mind I've never had a loan on anything before) would I be able to get financing for the down payment as well as financing for the whole property? Of course I would put some money in the deal, however if I would need more for the down payment I was wondering if that would work and for the property to cash flow. I understand that it depends on the type of deal, just not sure about that kind of process in general.

@Brian Orr hey Brian, any luck finding a good MHP yet? I'd like to get into that niche and I'm thinking about NC

@Dave E. Very true, the lockdowns have been very hard on commercial assets

@Joe Splitrock you probably gave the best answer ever as to why someone would want to invest into real estate.

@Brenden Mitchum thank you for your response! I'm going to join those forums and that Facebook group now. So if I start marketing to MHP owners and strike a deal with one, does it matter if I won't be able to put in much of a down payment if I get an experienced investor to partner with and help walk me through the process?

@Dave E. I agree the market will crash no matter whoever is in the White House and that we've always been printing money, I'm just worried because of them printing a lot more than usual this year.

I'm not in the predictions game but I've been hearing about a housing market crash soon. What are your thoughts on that? I understand people are always going to say there's going to be a market crash soon and once one comes along, they'll say that they predicted it when they were just guessing the entire time. However there's been record highs all over the U.S. I was studying Birmingham, AL and home values grew 14-15% in the past year! Seems to me like that bubble might have to burst soon.

@Gary Dezoysa hey Gary, i agree with Rachel that you need to specify if you want city water/sewer or not. Other than that, it looks great to me!

@Taylor L. I definately get the not buying negative cash flow part, that would be juat plain dumb haha. My thing is that Biden and Harris have blown past the federal budget already and are basically printing their way out of debt. Plus with all of the the "stimulus" checks, how long until the economy is going crash? I didn't know if anyone is taking in less of a cap rate now in order to see it rise later with inflation and how much less of a cap rate they'd be willing to take.

With all the money being printed out by the government, what is everyone's plan as far as changing their criteria now to prepare for the next couple years with the projected major inflation?