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1 March 2017 | 2 replies
They would be the logical choice.
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3 March 2017 | 3 replies
A bunch of real estate people stretch the truth to get a sale and have to choose to be honest to the homeowner about what they are doing.Another choice could be fix and flip but can take more creativity to get a loan depending on how much money you have.
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3 March 2017 | 0 replies
, Im just starting out in real estate and wanna make a secure choice/deal.
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7 March 2017 | 2 replies
Doing it on your own with that much debt may not be the best choice.
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17 August 2017 | 17 replies
There are also many investing groups in the Baltimore area both large and small.I think you probably made a good choice about Rich Dad coaching.
5 March 2017 | 4 replies
For instance, in the US, a 50k can be a sufficient down payment on a 400k property to own it and start rehab and renting, while in Lebanon this option is difficult with our bank systems.I assume i'll have to take few courses/seminars on real estate in Lebanon and the GCC region before stepping forward.Thanks again for your valuable advice.
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9 March 2017 | 12 replies
@Joshua LyonJoshuaIt looks like you've been doing this for a little while now, so conventional commercial financing should be your first choice.
6 March 2017 | 3 replies
Hello BPI was wondering if anyone here has any experience with using the Military Choice Mortgage for investing?
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8 March 2017 | 20 replies
Beyond what Chris mentioned to getting a good deal to make this fourplex in Northridge area work is that with FHA you also have the self sufficiency rule and in my experience only fourplexes that have gross rents of .90% relative to the sales price or acquisition price have worked with FHA.This means your 1.7 fourplex would need to rent for .90% or $ 15,300 per month or $3825 per unit in order for your FHA financing to go through.This is mainly why I havent done many FHA 3-4 units (SS rule only applies to 3-4 units on FHA) in Orange county/Los Angeles/San Diego except back in 2010-2012 when rent to price ratios were more in line with .90%.You could often find .90% to meet the SS rule in santa ana, riverside, banning, san bernardino, ontario, maybe in the valley by victorville/apple valley/hesperia and other places where things can tend to be a bit more depressed.Nowadays even a wholesale deal in a prime market like huntington beach or hermosa beach probably wont work (fourplex is probably 1.6 -2.0 M and wholesale deal is probably 1.3-1.5M) and if it did work it would be a unicorn of sorts and you would be a very lucky individual indeed.
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11 March 2017 | 4 replies
Guess I'll just have to analyze any deals on their own merits, maintain sufficient margin for safety, and have multiple exit strategies, but that sounds like it will be a lot of work so maybe I should just look for an easier answer from a guru with fancy charts.