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Hey Guys,I have ran into a bit of a situation, I am under contract for purchasing to REO Foreclosures from Fannie Mae. One home I purchased for $230,400 + Closing cost and redfin values the home at $400k and the other...
Okay, so this may be a long post but I just want to make my situation as clear as possible so it will be easier for you to help me.Some stats about me:- 27 years old about to finally graduate, based in the UK- £350k f...
All,I believe I know the answer to this but am going to ask anyway. I was in contract for a property with an escrow that ended up being around 3 months (yes, obnoxious I'm aware). I initially offered and had acceptanc...
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Hello my friends,
I recently came across a BiggerPockets podcast about Cashflow vs. Appreciation, and this quote by David Greene really stood out:
"Everyone I have ever talked to has always said: Location, Location,...
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The FED is slowing pace on rate hikes, the consumer is slowing and the economy is headed into a recession? These are all guesses at this point and some believe this will happen or is happening. If the FED eases with...
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Thoughts about purchasing a brand new home that doesn't meet the 1% rule.
It's near a new elementary in a growing area outside of Austin. 205k, 3/2, rent is about 1500 in the area. It will be my first rental which is...
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So here is the situation everyone...My wife and I bought a condo back when the market was sky high at 439,000. It went as low as 300,000. It's now around 410,000 and we owe 415,000. Our monthly mortgage is about 19...
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I'm just curious as to who in here is buying more of the Class-A type single family rentals? After listening to the Tim Shiner episode it got me thinking. A lot of people talk of buying the 30-50K home in Memphis or w...
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hey guys, new to BP but I'm looking to brainstorm/mastermind with other real estate agents or licensed investors across the country who are successfully brokering lease option & seller finance deals.
Even if you'...
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Hello,I am a beginner and would appreciate guidance from experienced advisors on what is a good strategy for real estate. Flipping VS rent and hold for say 4-5 years. Is flipping comparable to day trading in stocks ...