Originally posted by @Fletcher Caulk:Ah good point of clarification on the gain vs equity.

Originally posted by @Olawale Ogbonlowo:Hey folks, I'm a newbie real estate investor living and working in the Richmond, Virginia area. 

Originally posted by @Michael Plaks:@Shane H. 1.

Originally posted by @Moncy Samuel:Hello BPNeed some advice on the financing side of duplex property that I am ready to close before end of the year.I reached out to my lender for a conventional mortgage for the amount of $61k (purchase - 25%) and he quoted me 4.75% rate for 30 year with a closing cost of $4k.I have a Heloc (line of credit) where I can do a cash purchase without any of the closing costs.

What was their original mortgage on the house?

Originally posted by @David Lichtenstadter:John Thedford cut the BS the guy asked a innocent question? 

2 - What were the original loan amounts for the 3 properties3 - How many years are left on the original mortgages?

Originally posted by @Latasha Parker:Hello everyone.

@Elaine Fawcett   Was just in Westborough with my wife visiting family, they are originally from Worcester (great rental market from what I see.) 

What were your original thoughts on how you would use this when deciding to buy it?