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6 June 2017 | 1 reply
Seems to be personal information that a Court would accuse you of having the "upper hand" in an unbalanced transaction.
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18 July 2017 | 10 replies
i.e. you cant rent out your $150,000 house to move in to a $80,000 fixer upper on a USDA loan....at least that's how I understand it.
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20 August 2017 | 9 replies
But it can be difficult, and in some cases just isn't feasible or realistic, to buy a true "fixer upper" with a traditional (conventional, FHA, or VA) mortgage.
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7 June 2017 | 42 replies
About 6 months ago we put our house on the market, sold it, bought a fixer upper that we will stay in for a few years to rapidly pay off our debt and then add the house to our rental portfolio eventually.
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7 June 2017 | 0 replies
12 condo units foreclosed on. 20 years old, repair high end $8000 each, plus roof repair and common landscape clean up. Exterior paint also. $110K each ARV. If someone could buy in bulk all 12 offering say $75K th...
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8 June 2017 | 3 replies
Hello,I have done quite a few fixer-upper projects from smaller ones like changing carpet to bigger ones like new plumbing and new electrical system.
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12 June 2017 | 10 replies
That's no way to invest and even worse way to start an investment portfolio.Our first two homes (condo and SFR) were both fixer uppers that we put a lot into and rented out for a bit until the boom drove prices up and we sold.
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14 June 2017 | 5 replies
That was killing me for years.I got into a fixer upper 2 months before the bubble burst in 2008, and I had no clue what I was getting into.
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6 July 2017 | 21 replies
Hi BiggerPockets,I recently bought a home in LA -- it was $600K and I put 3.5% down with an FHA loan.I live here and am breaking even, since I rent out the spare bedrooms to friends of mine.I recently came into some money and have $100K to invest with.I'd like to invest in an "up-and-coming" city like Detroit, Baltimore, Richmond, etc.My goal would be to buy a fixer-upper and put 100% cash down, rehab it, then use it as a buy-and-hold investment for rental income, as well as long-term appreciation.Any recommendations as to what cities I should look into?
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20 June 2017 | 13 replies
If you're talking about a duplex or a triplex I'll go out on a limb and say that they are managed by the current owner, there aren't any rent rolls put together, most P&L statements would be garage, etc.