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I try to share things I figure out as I figure them out in case they might help someone else. The 50% rule is popular and of course everyone adds the disclaimer that it isn't the end-all be-all. I live in a high-pro...
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I'am looking to transition from wholesaling into buy/hold and rehab/flips. I have an existing business line of credit (outside of real estate) that I could use to fund deals and I also have personal property with equi...
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Looking at a deal with 2 units. One lease ends in summer, and the other ends in November. Our strategy with this property will be to use as college housing so we'd like both leases to end in the summer every year.Do w...
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I have a single family rental property that I will probably have to sell short because value is below what I owe the bank. I am current on payments. How bad does a short sale hurt credit and how long does it take to...
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Can you paste your repairs and alterations clause here...I need to write into the contract to protect myself from future tenants hiring inspectors or professionals to do stupid tests.How should I beef up my current re...
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My question is this.I own three rental homes,and the residence I am in which makes four total.I would like to get out of two of these homes or at least lower the financial burden if possible.Even in the down market I ...
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I'm thinking I'm doing something wrong. I've just gotten my 3rd person that said they aren't going forward with a short sale because they are going for a loan modification.
The first two people went for the loan m...
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New government guidelines below. I'm curious what happens to those homeowners that are investors or own multis??? Now they are out?
Government Announces Short Sales Guidelines
The U.S. Treasury Department announced ...
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Hi Everyone! I am excited to be exploring everything BiggerPockets has to offer, I am loving the ability to network. I am Megan from a small town about an hour North of Pittsburgh. I run a STEM Education non-profit ...
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Given the current interest rate environment my wife and I decided to refinance our primary home. I'm always on the look-out to decrease my monthly payments and at 2.5%, how could I say no?
As anyone who's done this b...