21 August 2014 | 10 replies
I would say that if you are looking on the market place on bigger pockets then try to stick to people who have a lot of posts and action on here, this way you might be able to get a sense of them and they would have a reputation to lose if they do you wrong.
22 August 2014 | 13 replies
So in this case they are net even,..but the lender looks at it as they are losing $300 a month, so it goes against their DTI by $300 a month.
24 August 2014 | 9 replies
Even if you lose your $1,000 earnest money, I would consider that a cheap lesson.Good Luck.Jake
10 January 2016 | 19 replies
HUD, REO and FMA are all leaking out their foreclosures slowly so they don't saturate the market and lose the momentum of rising value...but you can still get the HUDs cheap.I have a number of out of state investors I work with because their states are not as good as it is here.
30 September 2014 | 11 replies
The poor sellers in these transactions lose control of their properties and end up in all sorts of financial turmoil.
14 January 2015 | 19 replies
A bad deal by definition is one that loses money and doesn't return a profit.
25 August 2014 | 21 replies
So that means I'll get all but about $7K back after fees and origination charges ect.So while to the bank they have $18K in equity securing their loan (which they do since I don't want to lose the equity gain I received), I actually only have about $7K cash tied up in it.
24 August 2014 | 11 replies
It would probably set us back 6 to 9 months on putting $30k down on a rental property and we'd also lose the investing experience.. starting 6 to 9 months later.Or.. should I just use the money at 20% down to acquire our first buy and hold since 2007?
24 August 2014 | 6 replies
You wouldn't have any liability for the loan, but would lose whatever money you put into it.
28 August 2014 | 6 replies
Find out what your "get out" period is without losing your deposit.