12 January 2025 | 10 replies
.: I would go HELOC for sure that would be best as others were saying the lower cost for the money changes between paying a higher rate for a personal line and typically personal lines they want a higher monthly charge as well independent from the interest rate.
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6 January 2025 | 57 replies
For example, Schwab, massive changes including what I consider bonkers high interest rates.
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4 January 2025 | 6 replies
Then laws changed and SSN's became our IDs and we could no longer typically ask for them in my area as a landlord.
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5 January 2025 | 5 replies
It doesn’t have good parking either so it would be difficult to make it a short term rental.I think I’ll pass on it unless something changes.
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13 January 2025 | 21 replies
I would also be careful talking to property managers - they may have no problem telling about "other" buildings, but change of ownership in their own building is a threat to their livelihood.
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13 January 2025 | 11 replies
You cannot change the area or the demographics of the area, so you have to pull the levers that community "needs" / "wants".
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21 January 2025 | 20 replies
When you can enter from a position of strength financially, the risk:reward ratio significantly changes.
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6 January 2025 | 8 replies
There is still a risk: You do not have the right outprice and lose money, your deal goes south due to unfound things when you bought it, then the rehab phase brings them up, and you spend more, and the market changes, which is something that can happen on a moment's notice.
8 February 2025 | 89 replies
Dude" I realize your emotional about this we will leave it at that.. hopefully the amount of money you invested wont change your lifestyle as its not appropriate to invest a big % of your funds in such a high risk venture as unsecured Notes..
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31 December 2024 | 3 replies
Don't rely on what anyone on BP is going to tell you, because things change.