Dean Sumer
Selling A Purchase Contract
8 January 2020 | 0 replies
I opted to settle as payment was instant Vs winning the case and waiting to get proceeds.
Cory B.
Buying my first home to eventually rent it out in a couple years.
4 June 2017 | 7 replies
On the next one I'll find something that needs some work so I can get in at a discount and force some instant equity.
Aryelle Collins
Can I use equity for a down payment?
8 October 2016 | 3 replies
Even if buying under FMV with instant equity, a conventional lender wants to see skin in the game - a down payment.If the seller could loan you money collateralized by a different property and you owner-occ/house hack it, it would be possible.
Jerry R.
Hello from Wiscorida
26 January 2010 | 17 replies
You may get instant responce (don't count on it) or it may take several months.
Greg R.
Housing crash deniers ???
14 January 2023 | 2904 replies
Housing is not very liquid, a housing "crash" doesn't happen instantly, you should know this.
John Pandolfo
[Calc Review] Help me analyze this deal it has a low ROI
1 November 2018 | 2 replies
Plus, you'd instantly add ~$250k in value (assuming an 8 Cap), increasing property's value by 50%.What's the deal with the commercial units?
Warren A.
Turnkey purchase price vs comps and LLC
5 January 2018 | 32 replies
Youve got an instant $30k negative equity.
Phil LeNeveu
Buy and Hold Rental Property Advice
26 January 2017 | 13 replies
So now you have a property that is below market value in pretty good shape and instantly making money from Day 1.With Zillow/Realtor.com, you have to negotiate the price, fix up the property if needed and then maybe have to get tenants in place.
Account Closed
Agent Playbook for Posting on The BiggerPockets Forums
27 February 2023 | 8 replies
The last thing you can do in the forums is to try to get leads, you will get banned in an instant.
Account Closed
Correlation of Bond Yields and Mortgage Rates
9 January 2023 | 10 replies
I'll call first rather than text, and if they don't answer, the text I send will be one that conveys that they need to interrupt their morning to call me back, this is important and time sensitive (from a customer service perspective, you can't lock someone's rate without them in the loop, even if it's "objectively" the right thing).Trying to day-trade across days is much harder, there's no "glitch in the matrix" that yields foresight like the "glitch" created by the lag between when bond movement happens, and the couple hours it takes lenders to update rate sheets (in EXTREME cases, like March 2020, they CAN just instantly shut off locking entirely until they sort their stuff out, but in the "normal" world a business doesn't like to slam it's doors shut unannounced).