We are not building but lending and buying defaulted loans on new builds and the uptick in defaulted loans on new builds we have seen a big uptick because pricing is not where it was anticipated.

.: Hello everyoneSo we are under contract for a quad in Columbus area and currently shopping around for Home insurance.

Now I am wearing the other shoe and it’s nice.

We are currently in highest residential housing price bubble ever recorded in US history (Case-Shiller housing Index) so If you buy Cisco in Dec '99, ain't gonna go well for you, probably :)good luck

Quote from @Sharad Bagri: We are a few friends from California looking to invest in multi family real estate in Ohio.

Thanks guys - my partner does the Brokerage and we were discussing how to address the commission - we are fine paying just debating how to handle the upfront question when the Buyers agent calls about the listing ...My thoughts were to simply state that Seller is fine paying a commission and put it in the offer - and he wants to offer the % upfront ... 

Nobody can afford higher prices but the majority of his voters don't understand tariffs, global trade, and basic economics so here we are. 

Yes we are aware of Daphne Wilson's course. 

Action will always trump inaction - I have made mistakes, but this deal has taught me a ton, AND we are making money on the deal.

We are cash flowing over 2K a month and the house has appreciated to high 300s-low 400s if we were to sell today.