Anyone Buying?
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Anyone Buying? (by Shannon [TN]) Jan 17, 2008 7:55 AM
       Anyone Buying? (by Gloria [TN]) Jan 17, 2008 8:06 AM
       Anyone Buying? (by Anderson [IN]) Jan 17, 2008 8:10 AM
       Anyone Buying? (by Laura [VA]) Jan 17, 2008 8:26 AM
       Anyone Buying? (by John [OR]) Jan 17, 2008 8:55 AM
       Anyone Buying? (by sid [MO]) Jan 17, 2008 9:08 AM
       Anyone Buying? (by Gerri [IN]) Jan 17, 2008 9:27 AM
       Anyone Buying? (by Pat [VA]) Jan 17, 2008 9:45 AM
       Anyone Buying? (by BillS [CO]) Jan 17, 2008 10:30 AM
       Anyone Buying? (by Mark [AL]) Jan 17, 2008 11:06 AM
       Anyone Buying? (by JAYA [PA]) Jan 17, 2008 12:43 PM
       Anyone Buying? (by mike [MO]) Jan 17, 2008 2:14 PM
       Anyone Buying? (by bg [MA]) Jan 17, 2008 4:44 PM
       Anyone Buying? (by Kathy [OH]) Jan 17, 2008 4:46 PM
       Anyone Buying? (by David [FL]) Jan 18, 2008 4:39 AM

Anyone Buying? (by Shannon [TN]) Posted on: Jan 17, 2008 7:55 AM

State Specific Question About: TENNESSEE (TN)

Hello All,

I was wandering if anyone is actively buying property giving the Housing situation. Is anyone waiting for rates to lower? Or are you guys just going for it with a buy and hold mentality. I am currently in the TN market. What about everyone else?

Anyone Buying? (by Gloria [TN]) Posted on: Jan 17, 2008 8:06 AM

I am just waiting for the right property to pop up. It's always time to buy if the price and location is right. --65.7.xx.xx

Anyone Buying? (by Anderson [IN]) Posted on: Jan 17, 2008 8:10 AM

I am always buying the right property. Bought Four in November and one so far in January. I don't see the current market as a bad thing in the slightest. It might very well be the best market to operate in.

Anyone Buying? (by Laura [VA]) Posted on: Jan 17, 2008 8:26 AM

I'm hoping to '1031' out of a declining neighborhood and into a better one this spring. I'm waiting for warmer weather and lower interest rates. As long as I'm not putting much $$ out of my pocket into this, I don't feel like whether the prices are currently high or low has much bearing, since this is essentially a trade with a slight increase in debt.

Anyone Buying? (by John [OR]) Posted on: Jan 17, 2008 8:55 AM

Just accepted on offer this morning on a rehabbed house in a small town in Eastern Oregon. Full price offer with seller concessions on first home buyer terms.

The sale retires a loan, the $500 a month payments plus taxes and insurance. Get my money out and a 15% profit. You take when you can get some days.

Anyone Buying? (by sid [MO]) Posted on: Jan 17, 2008 9:08 AM

As soon as I find the next good deal, I'm buying. There are always deals to be had, so why not buy?

Anyone Buying? (by Gerri [IN]) Posted on: Jan 17, 2008 9:27 AM

Looking at a new property tonight. Always on the lookout for a good steal which I think this one is.

Anyone Buying? (by Pat [VA]) Posted on: Jan 17, 2008 9:45 AM

We just got the New Canton house, through HUD, will close soon.... this will probably be our last. (in more ways than one ;>) )

Anyone Buying? (by BillS [CO]) Posted on: Jan 17, 2008 10:30 AM

Just closed on a triplex yesterday. Have duplex under contract. I will buy anything in my areas that meets my criteria and I can get money for. So far no problems out of the ordinary.

I believe rents will hold steady and therefore if it meets my cash flow requirements then there is no problem. Even if rents don't hold, I still have margin in my cash flow. I buy at below market so again I have some space there.

Right now my only limit is my time.

Anyone Buying? (by Mark [AL]) Posted on: Jan 17, 2008 11:06 AM

These are tough times,but nothing changes.Everything I have is for sale at the right price and I'll buy a good deal on my lunch hour at the right price.

Anyone Buying? (by JAYA [PA]) Posted on: Jan 17, 2008 12:43 PM

Lastweek I brougt 150 year old rowhome in great school ditrict in great location in a dump street.I will have 300$ cash flow...

Jaya --12.104.xx.xx

Anyone Buying? (by mike [MO]) Posted on: Jan 17, 2008 2:14 PM

rates are dropping/ prices are low - now is the time to buy. Dont do the popular thing. If everyone is buying then you might be too late for the best deals --24.107.xx.xx

Anyone Buying? (by bg [MA]) Posted on: Jan 17, 2008 4:44 PM

closing on a bank owned 3 family for $ sold 2 years ago for $450K!!!...

this will be my 3rd property but as always im nervous about the economy and real estate market in general but i have to keep reminding myself that this property will have over $1000 cash flow per month

looking at another 3 family tomorrow sold for $470K on market for $225K...probably get it for well under $200K

problem is the 25% down payment required these days...

Anyone Buying? (by Kathy [OH]) Posted on: Jan 17, 2008 4:46 PM

A great time to buy! Closing on a house (bank repo) tomorrow and purchasing it for $100,000 LESS than the owner owed on it! You read that right.

Anyone Buying? (by David [FL]) Posted on: Jan 18, 2008 4:39 AM

I bought 3 in the last 60 days. Most recent a bank owned 3/1 for 35K. It sold 3 years ago for 78K. Needs a roof, paint and carpet, and a bath vanity. Will rent for 750/mo.

Subject: RE: Anyone Buying?
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