14 June 2022 | 11 replies
I see many people bragging about being able to do this to buy real estate right now which is at its peak, will most likely go down and if you cannot pay it back you are upside down on it and probably cannot refinance and you are losing tax deferred growthIt’s really no different than taking a normal loan from your retirement as there you are not taxed nor pay penalty (but do pay interest to yourself).
1 April 2020 | 9 replies
I recommend setting up keyword alerts for each area as they are discussed in the forums daily with advertisements posted in the BiggerPockets marketplace hourly.One thing to note when looking at the individual markets, you can make or lose money in any market.
30 March 2020 | 8 replies
Try to see how much experience (and knowledge) you can gain without losing money.
1 April 2020 | 6 replies
Anything that comes directly from you, just doesn't hold much weight, because you are the seller.
16 June 2020 | 9 replies
I realize that the seller might tell me to go pound sand and that I could lose the deal.
29 March 2020 | 1 reply
If they lose a significant amount on resale it is really damaging to the profitability for that house, if they do that consistently across a market they cannot continue.
29 March 2020 | 1 reply
“As long as an area’s economy is adding jobs and seeing rising wages, there will be demand for ownership housing.”Essentially, as long as people are employed with companies doing well enough to offer wages, they’ll feel confident enough to make that 30-year commitment to a sizable mortgage debt.This confidence is bolstered further by low employment numbers—as people are reassured that even if they lose their current job, there’s a high probability that they’ll find another one in short orderhttps://www.homelight.com/blog...
30 March 2020 | 12 replies
However, if your post virus analysis tells you you will lose a more if you close...and continue to lose more, then bit the bullet...and don't close.Now, as far as making a counteroffer, the success of that CO will be directly dependant on how long (as in offers back and forth) the original negotiations were.
30 March 2020 | 13 replies
If the sale doesn’t close for another 6 months and you lose your profit because of that, that’s reality.If you called me up as and I was the private lender, I would work with you.
10 April 2020 | 5 replies
I hope to an agent recently and he did not seem too thrilled with househacking, he advised I could lose the home if the lenders found out I was renting the home or most of the home.