I think you're gonna see a lot of deals underwater trading before year end, with banks trying to clean up their balance sheets.5.5% with 25% down is a very competitive rate.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

There's not as much competition on either side.

Knowing the area provided a solid foundation for your investment decision, and using cold calling to find this deal allowed you to negotiate directly, potentially minimizing competition and costs.

Competition is at all time highs, you gotta be smarter, faster or have more $ to burn.

And personally I love buying property during the winter months, sellers get desperate and I’ve found there to be less competition from other buyers.

Our local market is still very competitive if in good condition, good location and priced right.

Bringing your family along also puts a serious damper on that the primary purpose of the trip was actually for business - not impossible, but in my eyes it definitely taints it in a way that you really want to ensure everything is buttoned down on the business purpose and the actual business activity that occurred.

Hello BiggerPockets Community,I’m currently in the process of expanding my real estate portfolio and am looking to establish relationships with hard money lenders who can offer the most competitive and lowest rates available in the market.I am a business owner with $1.5 million in verifiable funds.

Sellers, focus on competitive pricing and small upgrades to help your property stand out.