Hello All!I am in a competitive bidder situation and was considering the following strategy to lock up the property....Instead of going the conventional mortgage route (with the mortgage contingency attached)....Pay c...
https://www.cbsnews.com/boston...Some of us knew this was coming. As sales prices skyrocket and mortage rates increase, fewer people can afford to purchase a home. This increasese the competition for rentals and drive...
Hello Bigger Pockets! I'm in pursuit to becoming a first-time house owner/hacker in the extremely competitive market of Chicago. Upon the property's listing a day ago, I quickly consulted my agent and decided it best ...
I'm looking to purchase an investment property cash. At the price point it's sure to be bid up. How would you play this. Bid low, right at ask price, or a little higher. I'm a newbie, trying to figure out does offerin...
We listed a long term property for rent and fortunately have received many inquiries. We are narrowing down to a select few for the in person showing in order to limit traffic exposure but if all things being equal (...
What am I doing wrong? Has anyone ever been a listing agent during a bidding war. As an investor I have put in a few offers towards foreclosure properties I wanted to flip. My last offer included an escalating clause ...
I’m trying to sell a property and now have multiple parties interested. I’ve never been in this position before so I don’t know the best way to proceed.I have one buyer who is ready to sign a contract. The other two a...
Nearly every real estate investor that has come to me lately for a hard money loan on a property in California is paying over the asking price. Why? There are bidding wars going on in California right now with a glutt...
Hello again BP community! Inspection Days? I have heard many ways to do it, but the "Inspection Party" idea is interesting to us. Has anyone had any experience with that and if so, can you share how that went? Is it j...