Hey BP community, I’ve been continually listening to videos online about investing while I am at work.

These auctions are public information that you can find online.

We had a recent FHA quote with 3.5% down in the high 5%’s..What do you expect from the purchase and refinance markets if rates drop by 1%?

Lifestyles provides a curriculum of about 25 hours of online classes because they want everyone to be an educated investor. 

It is incredibly hard to make money bidding online.

PURCHASE PRICE AND MORTGAGE: I purchased the property for $270,000 put 25% down, and it appraised for $290,000.There is a complete identical property to mine directly behind my unit and it sold about a month ago for $280,000 the same day it was listed.

Are you looking at a specific franchise your looking to purchase?

1.Subscribe to the BiggerPockets Money and Rookie Podcasts2.Attend the FREE WEBINARS3.Attend a Meetup in Your Area / virtual meet ups4.Purchase the Beginner Books: How to Invest in Real Estate, Set for Life, The House Hacking Strategy5.Peruse the forums!

The purchase of the land to create the subdivision was all very underhanded and the developer bought it from people many of which had moved out of the state or country and we’re paying maybe $300/year in taxes on their land.

Timing Rules: You have 45 days to identify potential replacement properties and 180 days to complete the purchase.3.