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I've been looking at investment properties, either retail or multifamily 5+.
Banks I've talked to saying 20-35% down payment in general for multi unit.
Someone told me 50% for retail commercial properties.
I said he's...
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I bought a unique 90 year old property in the East Capitol Hill/H Street area in Washington DC in 2013 for $710,000 for my primary residence. It has a basement that can be rented out, so that income was perfect for su...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Kettering.
Purchase price: $220,000
Cash invested: $70,000
Kettering 4plex fully occupied at purchase (turnover since then...
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I want to get more into real estate investing (looking into buying my first MFR soon), but I'm also concerned about how this will effect my purchasing power down the line.Okay, i know that's a pretty general statement...
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I'm looking to make my first property purchase. I've been reading that most mortgage lenders require a 2-year history of employment. Does that mean in the last 24 months from now? Or the last two complete W-2 years? I...
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Hello, I Just completed my first BRRRR deal and it went great! So I thought I might share my experience in hopes that it might help some other new investors find the courage to take the next step, because this stuff w...
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Hi everyone, I'm new to BiggerPockets, never done a deal; and looking to get started. I would like to find a multi-family property to buy with either a FHA Loan or a NACA Loan. I've already started the NACA process, b...
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A friend of mine asked me a question regarding buying a distressed property, using hard money to pick up the house and rehab it, and then if it was possible to use his VA loan for this property as it would be his prim...
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Hey guys! I have been doing a tiny bit of driving for dollars and as I prep/goal set for 2018, I told myself that I am GOING TO find, and close, my first deal next year. I plan on really ramping up on driving for doll...