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24 August 2018 | 1 reply
Be prepared when you feel the timing is right.
24 August 2018 | 1 reply
Eyeing a 4-plex. Plan is to rent 3 units and live in one for a start. Any suggestions on what to ask or look out while negotiation lasts, would be appreciated! I have never bought real estate before and this would be ...
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24 August 2018 | 5 replies
When we added a bedroom to our house my electrician was able to do that without the added expense of a new, enlarged, panel.That kind of problem is just another reason to not purchasing a residential (1 to 4 units) multifamily unless that special low down payment is part of the reason you take advantage of that you might need to get started.
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4 November 2019 | 7 replies
My husband and I are preparing to attend a sale this month.
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7 September 2018 | 19 replies
I work exclusively in the North Dallas area, specializing mostly in condos & townhomes.
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24 April 2019 | 23 replies
I will definitely get in touch with you once I have a bit more experience and have experience closing a few deals.Do you specialize in a particular neighborhood in NYC?
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8 November 2018 | 4 replies
As far as what I want to specialize in...
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6 September 2018 | 3 replies
I'd like to be better prepared the next time I approach a bank or lender about financing.
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15 October 2018 | 61 replies
If you are prepared don't waste your effort worrying.
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28 August 2018 | 12 replies
Leveraging your expertise, I'd like to understand how you approach the situation I'm about to describe.Long Term Goal: Build RE portfolios using a buy-and-hold strategy by building up 40 units in the next 6 years.Situation: Small family owns their first single-family home which was purchased 2 years ago.Purchase Price: $320,000 (FHA, minimum down)Oustanding Balance: $300,000Appraised Value: $370,000 Mortgage: $1,950Est Rental: $2,300 (no expenses considered)Considerations:The basement may have been finished without permits, professional plumber, or electricianThe yard is large and potentially hard to maintainAn additional $2,000 is needed to prepare for rental or $10,000 in renovations before selling Therefore: What would you do as a starting investor in order to reach the goal stated?