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REO Question
Hey all,
Just found out an REO house I've been looking at is a Fannie Mae property being sold by a Real Estate Agent. How are they to deal with, do they barter? Is it feasible for them to go for 70% of list price?...
Michael Ardoin
Boots on the ground in TX seeking mentor
Hello All!It's great to be a part of Bigger Pockets! I've been lurking for a little while now, posting here and there, but I've decided an actual introduction would be a good jump-start. My name is Mike, and I am orig...
Linda Reynolds
Pros and Cons of investing in Port Huron, Michigan?
I noticed a number of members from Port Huron, Michigan and I'm throwing this post out to any Port Huron or Michigan investors. I recently purchased a small seasonal rental in Lexington, Michigan (a beach town), and h...
Rick Rapant
Re-performing Note with a Deficiency Lien Judgment
The Info:Seller of a note, I'm considering on purchasing, foreclosed on the borrower back on 12/25/2014 and holds a 100k deficiency lien judgment on them. The borrower, same individual, wants to stay in the home and ...
Mary Jay
Will Midwest towns become obsolete?
Those of you guys who invest in small towns in Midwest...Do you think those small towns will become obsolete? There are a lot of ghost towns here in Arizona, that are 1 hr away from Phoenix... And that is 1 hour away...
Christopher Derr
AM I READY? or do I need to pay off some debt first?
My wife and I built our home a little over 2 years ago, appraised at 265k during construction for loan purposes, assessed this year at 284k. (I think it would appraise for 280K no problem now based off comps in the...
Maddie K.
HouseHack in Boston area and/or invest in Hometown, St. Louis?
Hi everyone!
Hope you're all well and staying safe.
I am an "aspiring investor," as many people are. I've ingested a ton of information on YouTube, BP, books, talking to folks, and I'm fairly deep into the process ...
George Dai
Real Estate Investor
A long time investor in Stock/Bond/Option, recently got interested in real estate investment. Purchased our first investment house in 2011. Since 2014, I started investing into real estate private equity opportunities...
Anthony Jones
DSCR Loan for a first time home owner
Hello everyone,Currently as a recent graduate I do not have the W2 history to use conventional loans so my main focus has been DSCR loans. I have the bank statements and reserves part of the loan process secured. My q...
Chris Tomingas
The only certainty is uncertainty
I have been looking furiously to get into a turn key STR before interest rates climb higher. I was certain this was the right play so I could take advantage of bonus depreciation, which is going to begin sunsetting in...