I am going to be putting in an offer on my first rental property next week. I have run the numbers and I know that I will be offering about $4,000 less than asking. How do I know if even this isn't too much? Do I g...
I've heard people recently mentioning that the US is headed towards a market correction. In what ways is this different than a full crash, like in '08?
Hello everyone! My name is Seth Davis. I introduced myself earlier in the newbie forum. Feel free to hop over there and read my post if you have time. I have recently decided to pursue a new passion of mine which ...
Hey there BP,I've been considering purchasing a multi-unit (2-4) in the St. Louis area for some time. It appears that one can expect a decent cash on cash return of 12-15% in the area, which is MUCH greater than what ...
Hello,
I don't want this thread to become another WLI vs REI. I have gone through the previous post and I understand why some people like WLI and why some people despise it. My question was whether it is specifically...
I'm currently looking for my first rental purchase in DFW (Plano, Allen, Wylie).
My realtor is telling me that what I'm looking for does not exist. It seems houses are selling very fast in this area, therefor...
I'm ready to make an offer with a seller financing contingency on a fixer duplex tomorrow, and would greatly appreciate feedback on the terms I plan to put in the offer:
Asking price: $325k. College student rental n...
I just finished the 1st chapter of No/Low Money Down and learned about FHA + 203k Loans which gave breath to some ideas. Tell me why this won't work! For example...Say we found a foreclosed house in Oakland. Let's use...
I live in NY, I own a home that I live in, and it has a decent size mortgage as you can imagine. I was looking out of state for rental properties, in a particular area, looking to make contacts to explore the feas...
I am very new to the real estate world, but I have been consuming anything and every bit of content I can get my hands on. At this point, with a pretty good awareness of my (tiny) local market, I know with certainty t...