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BP Community, we did it! My fiancé and I just closed on our first 3-unit multi in Southern Maine and are so excited to finally be off the sidelines, out of my parents basement, and in the game!The property is currentl...
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Hi All, So I am currently looking for my first investment property (BRRRR method) and was hoping to receive some recommendations and/or feedback. I am thinking of doing a cashout refi on my primary residence to pay-o...
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Hi all, I am new to real estate investing. I have been doing a lot of research and I am serious about starting my real estate profile. I have >200,000 in student loan debt because I went to pharmacy school. But I d...
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hello everyone, I am attempting to buy a duplex to owner occupy 1/2 and rent out the other 1/2. I spoke with a lender to get pre approved for a FHA loan but my debt to income ratio is not the best. And I also attempte...
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I plan on being debt free except for the mortgage on my house within the next 18-24 months. At that point I planned on spending 2 years saving up 50k for my first real estate investment property. My goal is to find ...
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Hello all - I have enjoyed the wealth of knowledge associated with this website. I'm in an interesting situation and in need of a creative solution. My father owns a rental unit and a residential property. The rental ...
Hello,
So, I believe these are the three things looked at by a lender.
[1] credit score
[2] debt to income ratio
[3] how much money I make a year
I can control my credit score, but I can't control my job income (to ...
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Hi,
I currently decided to bail on the stock market well sorta. I sold around 100k of stock. While it was a very tough decision to make. I decided to protect myself some.
My current Bank won't allow me to refinanc...
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Hi everyone! Long time lurker/podcast listener, first time poster.
I've been reading and researching my local market for a bit, and feel confident that there are some good deals around. However, my primary focus has...
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Hi everyone, I’ve been trying to figure out how it’s possible to get financing for a first investment property when I already have my primary residence and it eats up my available DTI (I bought it before knowing anyth...