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10 April 2022 | 7 replies
We are talking about switching up the game plan a little and using the BRRR method.
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4 April 2022 | 21 replies
They have more skin in the game then you do.Make sure you get clear title.
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4 February 2022 | 6 replies
Hey @Abraham Alemnew I admire your passion at getting into this game so early on.
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3 February 2022 | 10 replies
When making offers it's almost always going to be more of a volume game.
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4 February 2022 | 4 replies
I'm new to the real estate game too.
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21 February 2022 | 84 replies
It's an ever-changing game and eachnsotuation is completely unique.
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17 May 2021 | 7 replies
Excited to be here with the rest of the Bigger Pockets family and learn as much as I can from all of you as I am really new to the game!
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14 May 2021 | 25 replies
I figure I just give the leads to a company who’s already in the game, and get paid a finders fee for being a bird dog.
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12 May 2021 | 8 replies
Wanted to get in to the game on this first one and get some experience.
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11 May 2021 | 6 replies
The county/city zoning board has said this unit is not an issue and is grandfathered in, but he's worried about the more stringent FHA appraisal/inspection3) Buyer "skin in the game" - doesn't want to be left holding the property again as this has happened to him at least twice on previous land-contract/CFD arrangements4) Ability for buyer to acquire traditional financing at balloon5) Effective total cash to the seller is a primary driverWe submitted an offer that solves all these problems:Property A:Purchase price: 360k using FHA loan, owner-occupiedProperty B:Purchase price: 305k, 0% down, 25 yr amortization, 5 yr balloon, 4% interest rateNote + mortgage arrangement with professional loan servicing/escrowAssuming a 9% annual return in the stock market, this arrangement is equal in total cash to seller (including accounting for inflation,etc).