It is a very challenging market for many Loan Officers and Brokers. Although rates are starting to creep down, the cost of housing is not. Many home buyers have to show substantial income to qualify for homes in high ...
Hello everybody. Here is the first post, and happy and very nervous about entering our first contract today. We're opting on a small home that needs a decent rehab in a cute neighborhood. The exterior isn't in too ...
Hello BP,
Which of the following is better investment play for first-time investor based on current market conditions and that cashflows (8-12+%) per year?
1) Turn-key properties including new builds
2) Multi Famil...
Here is the scenario,Signed a purchase contract 4 months ago to buy a home that was being constructed. Purchase price is $X and I gave a 10% down payment, as per our agreement. Since then there has been an uptick in...
Good Morning,
I'm new to active Bigger Pockets community. I am hoping to like many others build up a good retirement through real estate and are looking for opportunities to learn good practices, soft skills and gain...
I've been looking for a flip project for a long while in my home market of Long Island, NY and after not being able to compete with all cash offers on $400,000 houses that need $150,000 in rehab I started to look out ...
We are in the process of finding a HM lender to finance a lot and spec build.We have a lot that we want to purchase and already have the plans and have built this house numerous times already.One lender is asking to...
1. Generate Leads2. Analyze Deals3. Make Offers4. Rinse and RepeatThese are the only tasks that designate a Real Estate Investor. If you aren't doing these things, I'd argue you aren't an investor yet. Seems simple th...
So to be honest, when i first started out I thought the whole mentality thing wreaked of the charlatan/guru sales pitch that I originally shrugged at in real estate. However, now that I actually have properties, I fin...
So for the last year or so, I have been thinking more about physical health. I’ll be 50 in less than a year. Overall I do not personally know any active, long-term investors that actually smoke. Maybe they are there I...