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So I am approaching my 18th birthday and once I graduate I plan on using an FHA loan and putting 3.5% down on a house hack. Here’s the issue... I’ll be 18, realistically the bank will need some credit history and repo...
I have a home that I purchased land contract 5 years ago from my father for $93,000. The contract was written that I would need a balloon payment at the 5 year mark which would also put me at just over 20% equity.5 ye...
Hello all!
I'm a novice, so forgive me if I sound naïve.
My property (owned free and clear of any mortgage) is appraised at 100k.
A lender has offered me this to refurb the house:
Loan $30...
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Hi everyone! I am very interested in investing in real estate. In fact, I have already purchased my first home back in January of 2014 (FHA), a modest starter home. What are my options for "my next step"? It was not p...
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Hi Biggerpockets,Right now I am a 17-year-old attempting to purchase my first piece of property. Goal currently is to purchase a quad or triplex with an FHA loan, preferably a property with a value-add opportunity, wh...
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I have an investment property (MA) with a good amount of equity, here's the math:
$385 Purchase Price - Value $570 - I want to flip it to a multi in Philly. I just recently got laid off, but with 790 credit score, h...
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This month I bought a SFR in Spring, TX just north of Houston. I live in CA and have run into some difficulty with Landlording from a distance.
Question, how do you judge who to rent to when not able to meet them?...
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I'm curious as what y'all consider to be the minimum criteria for approving a tenant, assuming you don't have access to professional tools. If I am self managing my portfolio, what do I need to check/confirm, and what...
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My rental is in an older, lower middle class neighborhood with houses under 1000 sq ft. Being such, most of my applicants are early to mid 20's with maybe a high school education.
Being so young, many times t...
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Hello my fellow BPs, I'm considering of starting my first investment property soon. I have been doing my own research by reading the BP blogs, listening to the podcasts, asked people questions (including my CPA). Howe...