Corey Dutton
A Feeding Frenzy Between Cash Investors and First-Time Home Buyers?
5 April 2012 | 25 replies
It is exactly the OO buys that are squeezing prices upward and frustrating red-blooded capitalist real estate investors such as myself, intermingled with legitimate investor bid competition.Ultimately, and notwithstanding sentimental sway or insider bias, my fear (yet mercenarial pleasure as an opportunistic REI buyer) is that these FHA-supported purchases will again fail their debt service obligations in a couple years, swirling us back into another "correction" when this present swath of FHA loans collectively turn sour.You heard it here first (as far as I know) - ANOTHER market downturn, caused by (mostly) FHA mortgage failures, within the next couple years.I plan to "dollar-cost-average" my purchases, tempering volume in these present days of over-represented values and betting on another round of bust in the near future.Peace.
Joe Smith
cash out restrictions on refinance
9 April 2012 | 9 replies
Speaking to a couple of commercial loan officers at a bank will help round out your information.
Joe Smith
questions about buying notes/paper
17 April 2012 | 8 replies
If you own a small collection say 5 notes, you could get away with not having a licensed servicer.
Sam Craven
Houston BP meetup May 7th in the Heights!
31 March 2015 | 46 replies
I will definitly make the next one and buy everyone a round of drinks.
Heather Olson
Fresh Bigger Pockets Member Current REI
13 April 2012 | 21 replies
If that is the case, I will be calling upon you soon to help me round up 1 million sets of eyeballs for this site.
Jeff Thompson
going back to school, what to study?
18 April 2012 | 20 replies
They are looking for people that can specialize in business with specific training the company way.Business degrees like accounting and marketing are fine with other liberal arts classes that teach you how to think rather than rules and proceedures such as accounting (accounting doesn't get too creative until you get to a higher level).Overall, I'd suggest mixing it up if you want to be in business, get a well rounded broad base education that can provide flexibility in the future.Good LuckTechnical degrees were sought as well, programers, engineers and science types.
Tim Czarkowski
Purchase an HOA Lien?(On purpose this time)
21 October 2015 | 55 replies
Yes three years is the average that people can get away with out paying their mortgage and I have heard of people that have been in their home for 5+ years without paying.
Rich Weese
Inventory of unsold homes in your area
8 May 2012 | 22 replies
The Austin/Round Rock area is going to keep booming.
John C
Quick Question
18 April 2012 | 5 replies
I can see why actuals would be excluded as they aren't every year expenses, but some fraction of them should be... thus the 50% rule people use... generally sets something like 10% of rents for those big ticket items that won't happen every year but do happen.
Dmitri K.
Hello from a new member from Bay Area
10 April 2013 | 6 replies
I am thinking homepath to get away with only 10% as my pockets are empty after this first purchase.