Author Topic: Investment Companies Pricing Out Homebuyers  (Read 1090 times)

IroNat

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Investment Companies Pricing Out Homebuyers
« on: October 12, 2021, 04:06:40 AM »

BayGBM

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Re: Investment Companies Pricing Out Homebuyers
« Reply #1 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. 

Humble Narcissist

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Re: Investment Companies Pricing Out Homebuyers
« Reply #2 on: October 15, 2021, 03:00:36 AM »
Part of the great reset is no home ownership.  "You will own nothing and be happy."