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Hello,I have a contractor that is requesting 50% of what he quoted the job up front. It isn’t a super large sum of money, but I’m curious on what type of things I should do/look for to protect myself. As of now all I ...
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Hey Guys,I'm looking to get started in leasing so I'm building a team to get facilitate the process.I'm virtually unkown so I don't want to go in the market unkown which would be difficult so I'd like additional resou...
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As a rehabber, I'm willing to borrow money at more than the usury-limited rate of 10% (I live in California). I have seen posts in the past indicating that private money can be loaned at higher interest rates if the b...
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Has anyone ever got a heloc for investment prop through Pen Fed? If so, how was your experience? Any issues to report?
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Hello, so I always read these amazing stories about how successful people have been with their Real Estate Investing. However, today I want to hear different stories about a time you guys were NOT successful. The reas...
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Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
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My relative died and left his fairly new home to my mother, and we were wondering whether to Airbnb or rent it out. She is very stubborn and says she’s tired of maintaining and paying the bills every month, she is eag...
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Hey everyone,I'm considering bidding on a foreclosure at an auction property- but it's a second mortgage, which means I would still need to pay off the 1st mortgage if I win. But... I can't seem to find out the bala...