I'm making an offer on a 60-unit deal in Indianapolis this week. The broker has told me there are many bigger players interested in the deal because of a lack of inventory in Indy. The seller has said he is not 'excit...
I'm sure investors have started to realize REOs on the MLS are becoming more competitive. At least in my area (Baltimore, MD) houses will go to market and with in a week will be sold and will have multiple offers. Eve...
Hello All,I was looking for a loan on two cashflowing duplexes, ideally 30 year fixed. Lower down payment, and lower interest rate would be best.The best option I was given was actually a 10/1 Arm.Here are the terms:-...
First time investor here, I have a deal that I really like. I am looking for a DSCR lender who can provide a competitive, I have a term sheet but want to see if there is anyone who can close quickly also.
This is more of a discussion than a question, My background Im a career firefighter but im really finding my passion is in real estate. I currently have a mobile home park of 38 lots ( I own about half the homes and r...
I would really like to know what the competition or hurdles that newbies like me have to face against the seasoned investors? For example; Sure, I can do all the homework and be extremely accurate with my numbers, bu...
What measures do you take to differentiate yourself from the competition and highlight your property in a saturated market?
In a saturated market, the key lies in highlighting the uniqueness of your property. In our ...
Wanted some BP wisdom. I'm looking into doing a cash out refi to get some capital to put toward my first investment property.
I have excellent credit. I will be doing 80% LTV on a 30 year fixed rate at 3.25%. My hom...
Hey wassup everybody? I have a meeting with a seller tomorrow morning at 10. He tells me he has another buyer coming to look at the property at 11. I bet with a little rapport buildings contract will be signed and the...
Hello everyone,
I am fairly new to real estate investing, and I wanted to get people's opinion on direct mail marketing and competition. I recently did a mail campaign, and only got about .5% response rate. I...