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Results (945)
Aaron Desimone New member
29 December 2013 | 5 replies
I was looking for a place to give real answers and not fantasies about real estate investing; Bigger Pockets is the only place for that.
James B. Hey from DC!
16 February 2014 | 7 replies
I'm in the military, so we have dreams of renting this place out when I get transferred, buying a new one, and so on.In my perfect fantasy world, this method could yield me 3-4 nice single family homes by my mid 30s (in 10 yrs), a good passive income stream by my mid 40s (20 yrs), and a solid retirement foundation for 55+.I have a ton of research to do and this site looks awesome.
Richard Rheker Do it Yourself Rehab
19 March 2014 | 21 replies
@Aaron Yates No worries you didn't come off as one I'd much rather hear real advice than sugar-coated fantasies.
Ryan Urban Making Real Money in REI
22 August 2007 | 19 replies
However, they make a lot of money for the gurus because fantasy sells.Good Luck,Mike
Jill Md Dealing with Seller's Calls...
13 January 2008 | 9 replies
I think both Mike and Eric are a little right...Real Estate Investing has so many languages that we all can have an opinion and each one of us be correct.When a seller calls me and they re upside down or in "fantasy" land I let them know on the telephone...however I don’t educate the seller about my buying techniques on the phone.If you sense they are a Short Sale candidate ask them if they have spoken to their lender about a short sale. 6 months ago the general public didn’t know what that term meant now almost everyone who is upside down and behind in payments does.I like asking if they have spoken to their lender over asking them if they would consider a short sale...
Jim McMillen 50% rule
16 October 2018 | 78 replies
The 2% rule sounds like a fantasy in most areas and obiously the lower interest rate enviroment kind of make it a moot rule.
Allende Hernandez Seller Financing - Hard to get!
12 October 2011 | 15 replies
Some owner finance is happening to almost every deal these days in the commercial realm unless they are buying on a low basis with all cash.2 viewsBuyer wants to pay nothing and owner financeSeller wants a fantasy price and wants all cashSomewhere in the middle lies reality.When I do owner finance deals from sellers they can research me.I am plastered all over the internet.If something goes wrong my credibility goes down the tubes.The problem with many investors wanting owner financing is they don't sell themselves correctly to the sellers.If you as a buyer have no money,no credit etc. you will appear weak to a seller.If you are a qualified buyer but just want owner finance then the seller might be open to it when they see what you will guarantee on the loan and what kind of credit and reserves you have.
Lynn Harrison How to find a good buyer's agent? And make it worth their while?
14 February 2012 | 27 replies
That tells me that the buyer is in fantasy land.The odds of finding that deal and closing it and me getting paid is slim to none.Real brokers and agents aren't in the charity business.You might get a new agent to help a new investor and that can be the blind leading the blind.So is the buyer serious and realistic for the market is the key.There is a difference between a loser deal,marginal,good,great,and insane deal.If as an investor you can get into a good to great deal for an area you are realistic.If you are looking for an insane deal shotgunning all kinds of unrealistic offers you are not only wasting the broker/agents time but also yours as well.So do not always blame the broker/agent for not getting the deal you want.It could be you are unrealistic in your goals for the area.If investors are gobbling up properties at 50k and you want at 30k then you need to change to an area to find 30k properties or come up closer to 50k to compete.
Chris Calabrese HARP Loans on Underwater Investment Properties?
10 April 2013 | 22 replies
Has anyone heard of any successful refi's through this program, or is it just another mortgage fantasy?
Andres Harrison Finding Long Term Hard Money Lenders with No money down
17 February 2012 | 7 replies
Is this just a fantasy?