Paul M.
mortgage companies offering payoff at discount
18 December 2022 | 7 replies
The 3% mortgages have MORE servicing value for the opposite reason, these ones aren't likely to be refinanced any time soon, and the market thinks they are less likely to be paid off via home sale to boot.This isn't about your or my crystal ball predictions for inflation and interest rates, this is about billions of dollars of real life bets being placed on Wall Street and by big banks.There's another reason big banks are valuing these low rate mortgage pools: Thanks to some deregulation that happened, they get to use the escrow accounts as "deposits" for the purpose of fractional reserve banking.
Alan Asriants
Mortgage rates just hit 8%!! So... should you buy a home/investment???
15 November 2023 | 53 replies
This may not apply to every investor, but I bet many fell prey to this:3% down allowed higher affordability/cash flow projection.
Rick Howell
Property Investing is a Team Sport
27 February 2019 | 0 replies
Just as in basketball, hockey, or football, even the greatest property investment players can only reach their true potential with a good team around them. The right people make all the difference. You can only be in ...
Tyler Erickson
Unprecedented Structural Shift - The Thriving Multifamily Market
24 March 2019 | 32 replies
You hedge your bets with multi family because the likelihood of all your units being vacant is low.When a single family property is vacant not only is it not making money, it’s costing you money because of scheduled monthly costs; water, insurance, utilities, mortgage, property management fees, etc.Scale up with multi family , it’s the better play.
Nicio Evertz
Aspiring multifamily syndicator
23 February 2019 | 25 replies
It is definitely a team sport.
Salvador Santolucito
How do Real Estate Agents Search for Properties?
17 February 2019 | 11 replies
It’s too much work for the compensation :) I think Zillow, hotpads, craigslist and a yard sign are your best bet.
Hillary Fox
Funding question for first deal
23 August 2019 | 8 replies
I bet there are even real estate groups that meet relatively close to you as well.
Account Closed
Wholesaling as a freshman in high school
27 September 2017 | 22 replies
At 14 you cannot enter contracts in most states, and its highly unlikely that anyone would take you seriously either.You best bet is to start by reading as much as you can and learning whatever you can.
Matt Pickett
Anxious Seller Pre-Foreclosure Deal
25 September 2017 | 4 replies
Last Friday he came to me at 3pm and said he needed $2K immediately and would sign over his house he owes $132K on to get it as long as we could do the other $29K in a separate deal with his 1980 classic sports car as additional collateral.
Ryan Knapp
Is Dallas Fort Worth overheated?
22 September 2019 | 29 replies
What areas in your view would be the bets for investing and any to be more cautious in?