Personal FinanceReal Estate Investing
#RI-6abde21f·3 months ago·
1
“Investing in a foreclosed property”
What Actually Happened
I considered using a 203K loan, but wanted to prepare for a cash offer
What I wish I knew
"Hard money lenders may not require credit checks"
Advice to Someone Facing This Now
If I could tell you one thing
"Negotiate terms, consider 10% down instead of 30%"
Regret Index
3/10
Significant downsides.
Complicated feelings about the outcome.
Complicated feelings about the outcome.
Advice for Someone Facing This
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Personal Finance Category
94
Personal Finance decisions logged. Avg regret 3.4/10 across the category.
Same Outcome Band
68%
of Personal Finance decisions land in the settled band the same as this one.
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