Background: The economy is on a tear, but trees don't grow to the sky. At some point, it will over-extend and go into recession when financial commitments default.Last time, the trigger was a default on home mortgage...
Hi Everyone!Let me just start by saying I'm excited to be here at this point. Without rambling, let me just introduce myself and my situation and ask for some tips from you pros on here. Basically, I am the first one ...
Hey bp!My wife is a new real estate agent and with this virus going around she has had a very hard time reaching new clients. Obviously this is a hard time for us all, but what are some tips she can be doing right now...
Hi All,I was hoping to get some of y’alls opinions on how today’s news about Opendoor could impact our business.I have personally received a slick letter from this company, offering to buy one of my rentals.They just ...
Hi Everyone!My name is Noel and I'm a completely new to REI. I've been consuming at least a podcast a day and lurking on the forums for the last month. I'm ready to start seriously analyzing deals and building a team!...
I have recently been reading, listening, and learning a lot about different ways to earn financial freedom but I am just not sure where to start. I am only 23 with 2 kids and a girlfriend, we are currently renting and...
It seems that my only non-private mortgage options are FHA and a conventional loan at 25% down. I apparently make too much to take advantage of state / agency-backed loans that allow for lower than 25% down.I’m 25 wit...
I have been divorced for a couple years. When she said she wanted a divorce, I bought a house (all mine, all happened within the confines of legality for my situation). I purchased a foreclosure from Fannie Mae for $...
Most of my income is derived from re-sales. I cash out of most of my re-sale deals and usually only carry paper in order to solve a problem. However, this year I created two small seller carryback notes as a way of ...
I am in talks with an off market seller that wants to sell the property, but would like to be able to stay in the house. It is an older gentleman that is not wanting to have to deal with the repairs, maintenance and u...