As far as I am concerned, a 10% price drop barely even counts as a correction and it certainly does not warrant all the panic that the press is trying to drum up.When prices were going up 30% per year, I wouldn't have bothered to purchase a property that I could only get 10% reduction in the price. 10% off is no bargain, and 10% isn't diddly squat in real estate prices.Somebody wake me up if prices drop 50%, because I'll have some serious buying to do at that point.

Don't refute each of her concerns.

HMLs serve a purpose (particularly in rehab projects) and the best way to address your concerns with rates/terms is to build the cost of borrowing into your budget.Regards,Scott Miller

Originally posted by "josephboulogne": I will send you my postcard through pm as I'm not sure I want to share that with the whole forum.That may be part of the problem or a hint of it, --if you don't want to share it here, what are you concerned about?

Here are my primary concerns trying to start out.I dont want to have to buy 20 different books/courses to get all of the info I need.

However, to be frank and honest with you, I'm not exactly sure why the IRRs tend to peak in years 8-10, I just know that they do, and I trust that all money factors have been taken into account in getting those figures.Each case is different, obviously, and are based on projections and not the actual real world numbers, but it gives you an idea going in of what your ideal exit time would be to maximize your return.MIRR addresses the concerns you have about false positives -- it is "Modified" IRR that takes into account the fact that the money kicked out by an investment won't necessarily earn the same return as the money that's still tied up in the investment.

Two totally different companies as far as I am concerned...

My only concern prior to meeting with her was what if she didn't want to work with me since she knows i'm an investor and will be assigning my contract but since she understands my intentions all is well and I don't need to go directly to the homeowner now.

as far as im concerned, it is a great time to buy.. not so good to sell.

As far as your question… I would be concerned with buying something now and then have it go down in value further… I’m sure you have already thought of that!