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Getbig Main Boards => General Topics => Topic started by: IroNat on October 12, 2021, 04:06:40 AM

Title: Investment Companies Pricing Out Homebuyers
Post by: IroNat on October 12, 2021, 04:06:40 AM

Title: Re: Investment Companies Pricing Out Homebuyers
Post by: BayGBM on October 12, 2021, 07:18:31 AM

Sucks.  Not a good time to buy that is for sure. 2-3 months ago I made an offer on a house a couple miles from primary residence looking to increase my stock of rental properties.  The house need minor TLC but since it was so close by, and I like doing that sort of thing it seemed like a good option.  I made a full price offer the first day it was on the market with an option to increase my offer by 20k depending on other offers.  More than 8 offers came in that first day.  Someone else got it. 

Title: Re: Investment Companies Pricing Out Homebuyers
Post by: Humble Narcissist on October 15, 2021, 03:00:36 AM

Part of the great reset is no home ownership.  "You will own nothing and be happy."