However, you are getting a 3% interest rate instead of 6.5%, which is a great deal nowadays.

That being said, I highly doubt this is the case nowadays nor does that really make any sense.

Nowadays many people aren't looking for a fix me up as a first house, they're work load and if kids are involved is too much to deal with already.

Well, Mike, we would expect no less from a son of yours :-)........but for most kids we know it is pretty useless nowadays.

Cost Segregation is a bit of a buzz word these days, but in case you aren’t familiar with what a cost segregation study is, let me explain.

This is a situation that is becoming very common nowadays.

I worked as a defacto general contractor for a flip some of my family members did, and caught the real estate buzz.

We travel the country, but I guess I still could have said live.Either way, I get to see all these different locations with all these great opportunities and am just trying to gather as much information as possible for the day I can start offering and negotiating.I could have called the credit union, of course, but the questions that arise give me an opportunity to get involved in the BiggerPockets community. thankfully this is something that is much easier nowadays (vs 20 years ago) with nationwide private lenders lending with national platforms vs. being stuck with only local options!

As a side note: “Creative financing” to me is such an overused term nowadays - someone recently called a DSCR loan creative financing or seller financing on normal terms - also not creative.

Its members can now afford to buy or rent nice beach properties, which is great because prices and rental rates are no longer dependent on a booming American economy (plus, tourists nowadays come pretty much from all over the world all year long).The reality is that Mexico was already in a quasi recession right before Covid hit and real estate prices has been going up all along, while in the past a recession in the US would have caused prices to crater.