![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1799096/small_1697494788-avatar-cashflowpapo.jpg?twic=v1/output=image&v=2)
HelloI have heard this over and over again from previous investors that lost it all in 2008 and I am starting to hear it right now again. How do these individuats loose everything due to being overleveraged?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/37791/small_1621389171-avatar-frenchmike.jpg?twic=v1/output=image&v=2)
Sorry I didn't know where to post this questions, but since that company UDW (Urban Detroit Wholesalers) caters to investors that want to rehab and rent or flip, I am asking for reviews.
Any good or bad experiences wi...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/507645/small_1621480032-avatar-madelinej.jpg?twic=v1/output=image&v=2)
For a few months I've been learning about how to use my unused income from a full-time job to invest in real estate and have been reading lots of books like Hold: How to Find, Buy and Rent Houses for Wealth, Brandon T...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/747714/small_1621496600-avatar-terryl26.jpg?twic=v1/output=image&v=2)
I have heard a lot of posts about how to buy real estate with no money down, low down, first time buyer program, etc. All these paths are possible, but they are financial decisions that you are now just realizing when...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/295773/small_1621442416-avatar-zacharygwin.jpg?twic=v1/output=image&v=2)
Hey BP! So this thread is for you to share your success!I want to show the world ALL the amazing flips/rehabs our members here on BiggerPockets are doing and have done. Here's what YOU'VE got to do -Upload Before &...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/546/small_1621345490-avatar-timwieneke.jpg?twic=v1/output=image&v=2)
One of the things I always try to be conscientious to is herd mentality. Recognition of herd mentality and the pure luck of a well timed divorce kept me from investing in real estate in 2007 and waiting until 2008 wh...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/290384/small_1694563312-avatar-johnh31.jpg?twic=v1/output=image&v=2)
Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...
Hey all, I am on bigger pockets simply because I want to help beginners make that leap like I had to all on my own before I knew about bigger pockets. A quick blurb on my experience : I am a serial House Hacker I am ...
You’ve heard top investors talk about “hard money loans” before, but what are they? You never walk into a bank and see a “hard money” sign, and if you aren’t outwardly searching for it, you’d probably never know hard ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/339287/small_1695844721-avatar-sid888.jpg?twic=v1/output=image&v=2)
Chicago is a hot market now but the State, County and City all have significant public employee pension and healthcare debt (that cannot be reduced except maybe in a bankruptcy). Property taxes are already high, but ...