We have $100,000 savings in the bank. We found an amazing and unique $500,000 house with 5,000 taxes. We can put 10% down and with closing costs spend about $75,000. We will easily spend the remaining $25,000 in misc ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/728560/small_1621496232-avatar-rickm88.jpg?twic=v1/output=image&v=2)
This post has to start with a disclaimer. No one can guarantee returns, and there's a risk associated with any investment. Having said this, it will give those who are curious a rough ballpark of the kinds of returns ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/376502/small_1621447632-avatar-chrism93.jpg?twic=v1/output=image&v=2)
This is probably the best article I've seen so far on what is going on in the mortgage marketplace.
The Coronavirus Meltdown
The current Coronavirus crisis is having a critical impact on the Mortgage Industry, whic...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/525550/small_1621481448-avatar-jenl7.jpg?twic=v1/output=image&v=2)
Hi all,
It seems to me that everyone I've talked to is waiting for the bubble to burst. Investors, people who are trying to buy their first home or people who want to trade up but can't right now.
If the market drop ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/143312/small_1621419157-avatar-derekfaller.jpg?twic=v1/output=image&v=2)
So I live in Bend, Oregon and have been doing flipping and rehabbing up here, but getting properties to cashflow up here is really hard. I do have a rental house here that cashflows, along with one in San Antonio t...
Since December I've ran into a few problems while trying to invest. The biggest problem was me not wanting to invest in California because of our market. I'm now past that and very close to diving into my first purcha...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/103976/small_1694897454-avatar-shivers20.jpg?twic=v1/output=image&v=2)
Went to the building dept in my town today, I have some electrical work that needs to be completed in order to get a clean certificate of occupancy, anyway they said that i needed a licensed electrician to do all of ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/42096/small_1621407110-avatar-financexaminer.jpg?twic=v1/output=image&v=2)
Hi, Hopefully we can have a good chat on Jan 24th. I set a time on BP Chat at 4pm to 6 pm EST. I had set it up to role play as an investor willing to loan money to the newbies, if they could talk me into it. They stat...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/267432/small_1621437667-avatar-joelf1.jpg?twic=v1/output=image&v=2)
My question is simple. Who is investing in rural America, why are you doing it and what is your experience? Is it your longterm goal or is it a temporary goal to achieve cash flow?Lets define rural America as towns of...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/267820/small_1707842389-avatar-jorgea3.jpg?twic=v1/output=image&v=2)
I took the 18 page report released by Trump's committee yesterday and summarized it below.
I hope we can all see the light at the end of the tunnel. It’s not going to be as easy as turning the light switch ba...