I have some foundations things looming and had a gutter guy come, and a foundation guy, and I feel like I'm going to give the gutters a try because the downspouts aren't going 7 feet from the foundation, the gutters are leaking in some places, etc.It's going to cost about 2.5k to get them done, but better than the sump pump quotes!

If the market did crash, it would make it significantly easier for beginner investors to purchase properties with less money.Thus, I would like to hear any thoughts and suggestions from the BP community regarding the possibly looming market crash, particularly in planning a first purchase as a beginner investor.

@Prem Schoff I currently am on the market as well looming for a property for my wife and I in NJ.

Ideally, I would want a consistent rental income where rent would cover the cost of the mortgage and then some...but its just the feeling of having the mortgage looming over my head.

I signed up and immediately sent in a question about getting a deal done that had a foreclosure sale date looming.

Hi @Diego Howard - somebody needing a place ASAP is a red flag (looming eviction, running from something or somebody?). 

The house is in good condition with the only major improvement looming ahead is a new roof.  

As @Bill Brandt said your ROE is very minimal and if you've got a looming large cap ex bill . you'll be better off selling and getting out of it now. 

It could be that there's still so much cash out there, people are willing to accept lower and lower returns, so that it doesn't get eaten up by looming inflation. 

In either case, we're aiming for a 10 year paydown on these properties - though having the ability to 'switch on the cashflow' in the case of the 30 year is very appealing in the face of any looming economic turmoil.