Joe Butcher
Free and clear: Cash offer or seller fin.?
Heres the situation:
The house is owned free and clear
Seller is motivated but not desperate. It was listed on MLS and didn't sell.
ARV: $150k
Rehab est: 20k
My cash offer: 80k
I...
Steven M.
Too Many "Investors" Owning Homes...Are We Heading For A Whole New Serious R/E Problem?
I would like to address a concern I have about the herd-mentality of everyone and their uncle becoming "investors" and how this is likely to have very serious long term implications on housing that few have thought mu...
Nate Bartow
Seller financed down payment
Hi everyone,
Anyone know any creative ways to finance if the seller is willing to finance the 20-25% down payment?
I'm looking at a deal where Fannie Mae will finance 75% of the deal and the seller is willing to car...
Chris Mason
It's now a buyer's market.
Hypothesis: It's now a buyer's market. Some of the agents, who often only participate in one transaction every month or two, and are thus unaware, leading to some quirky anomalies (since buyers/sellers trust their age...
Darryl Dahlen
Great read on different capital markets
I received this from one of my lenders and thought that it was too good not to share. As someone who primarily funds loans from CMBS, agency, and insurance companies I think this info is on point.Despite turbulent ca...
Patrick M.
Airbnb's downturn and the ripple effects
An interesting article in the WSJ on the disaster that is befalling Airbnb hosts, both owners and sub-leasee's. It also touches on the potential effects on the people they employ and general housing market.
Specific...
Christian Johnson
Scared to get started!
About 3 1/2 years ago my then gf, now my wife, and I purchased a real estate course for a total of about $22k. I went to the bootcamp class once, and maybe spoke to ten people after that. I put $1000 in an escrow acco...
Ryan Dossey
Do any of you guys buy and hold gold?
I have a wealthy friend who owns numerous businesses. He is a hardcore believer in stock piling gold. Anyone here mess with it?
Julia J
Gas bill
Hi Everybody,
I own a small building with 5 units and I pay all the utilities except electricity. The gas bill increased over the winter but doubled for the month of February. I suspect some of the tenants (I had som...
Tim Hoffman
Eminent Domain
I am a seasoned investor (15 years and over 60 SFH) in Northern Illinois. I have a property next to one of the local High Schools that is being taken for some school expansion projects. They have given me a good ...