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10 May 2018 | 3 replies
Uptown is looking really promising...but it might be a few years before it gets to where it should be.The turnover would be a larger concern for me.
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12 May 2018 | 5 replies
., That's a pretty healthy pile of evidence that your intent when you purchased it was to hold for productive use and that circumstances not of your choosing are causing you to sell when your preference would be to hold.
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15 May 2018 | 15 replies
I know I could probably go hard money but my concern is being able to refi into a normal bank loan within 6-12 months because I'm certain my equity won't be sufficient by then, even if I'm reinvesting all profits, and especially since the payments will be interest only.
17 May 2018 | 33 replies
(This is the same commissioner who, last year, implemented into law a $4500 relo fee for landlords who give no-cause terminations at the end of a lease term.)I'm just reaching out to you, my tribe, for commiseration.
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23 March 2018 | 1 reply
Which is why you are having a hard time.If it is your first property and you are not looking to do a flip, it is not worth trying to necessarily get the loan under an LLC.Most first time real investors don't have much asset (if any) to protect to be hugely concerned about the liabilities of owning real estates.When you get to a point where you have a lot of assets or significants to protect, you should start to seriously or solely considered doing it under an LLC.Scott Trench wrote a great article, take a look at it.https://www.biggerpockets.com/renewsblog/2015/06/0...
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30 March 2018 | 12 replies
This will cause me to have to pay their taxes.
15 June 2018 | 12 replies
However, I'm getting concerned with the state of the economy.
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25 October 2018 | 4 replies
I am looking for the best option right now to maximize my passive monthly income (Less concerned about appreciation) and intrigued by a commercial real estate loan to do this for me.
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30 March 2018 | 6 replies
As far as my goals are concerned, I have a few thoughts in mind: 1) I would like to get in touch with a few wholesalers in the area so that I can more quickly and efficiently acquire properties to continue my flipping business,2) I would like to acquire multi family residences as investments to hold and rent,3) I would like to learn more about financing options or best avenues to obtain capital as I do not have a large amount of cash sitting to be used for my business,4) I am interested in syndication deals,5) I would like to become more involved with the local real estate groups,6) Any advice of best ways to use BiggerPockets is always appreciated.Looking forward to hearing your responses and chatting.
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26 March 2018 | 23 replies
Rehabs are expensive.4) I do not know the Texas market at all (hardly at all) but I have concerns that other posters have expressed issues on price versus the class versus your price versus class.