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18 June 2024 | 1 reply
Hello, I am currently living in Paraguay.
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19 June 2024 | 4 replies
Our current mid-scale property in Smithfield has seen an increasing number of guests staying between 7-29 days.
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18 June 2024 | 4 replies
I currently reside in Turkey, but approximately 28 years ago, I was living in Long Island, NY.
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18 June 2024 | 9 replies
After grad school I anticipate starting salary of 300k+, but will have 200k student loans which will only delay/limit me from starting my real estate investing journey.I have enough saved for up to 15% down payment on a fourplex around 450k, but dont want to go hard money lender/dscr as they are currently in 7-9% range.
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18 June 2024 | 5 replies
Hi everyone,I am currently planned to close on a rental property in southern Indiana and will inherit a long term tenant.
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18 June 2024 | 4 replies
Hi my name is Eva and I am newbie to BP and I am currently on the process for my second home as a primary residence.I wanted to ask if is it advisable to take a HELOC on my current primary residence now before closing in 2mos (brand new townhome) to my next property as a primary residence.Any input and sincere advised will be much appreciated.Thank you,Eva
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19 June 2024 | 8 replies
Multi-Family is currently getting a ton of scrutiny from lenders over expenses...particularly insurance.
19 June 2024 | 6 replies
I do have a Commercial Fix and Flip Program that will provide cash for the acquisition and to Rehab the property.Once it's stabilize we can secure Permanent Financing and take out the bridge loan.Multifamily has, by far, the most interest in CRE Financing world, if it's a good enough deal we can get you the financing but I refuse to make bogus promises about what is and is not possible.If you DO NOT have the cash to put down on the property there a few creative financing avenues which may be possible if you have a motivated seller that is willing to work with you on terms.The 68% occupied property would be most fit for creative financing because there is clearly something going on there with the current owner.You can look at a master lease with an option to buy or doing a wrap combined with a seller second... the only thing is that the seller is highly unlikely to accept those scenarios.Now... there is one "highly unlikely to happen" scenario where you could technically get 100% financing but, again, the seller would have to be out of his mind to say yes.It entails a Hard Money FIRST MORTGAGE of less than 50% of the "Quick Sale" value as determine by a BPO... this would serve as your down payment.
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18 June 2024 | 8 replies
I cash out refinanced my primary in 2019 right at the start of lockdowns with the idea of buying a new home and rent my current.
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18 June 2024 | 7 replies
Hi Jeff,I currently invest in Lancaster but due to super low inventory, Reading definitely looks like a viable option.