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Greetings,My name is Graham Lyster. My wife, Jenni, and I are newbies in the real estate investing world . I flipped a property several years ago when I was working in the mortgage industry, and also had a Handyman bu...
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You get a hard money investor willing to loan you $125k at 10% for a 1 year term & origination fee of 1%. Doesn't that mean that within the first month you need to pony up 1.25k for the origination fee & about...
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As a new member, I have found myself doing loads of forum searching and surfing. I am continually amazed by the professional responses of moderators (and other experienced folks). Some of the questions I have come ...
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Hi BP, I read "Every Landlord's Tax Deduction Guide" by NOLO, great book. I have a question regarding the cost basis for a property. Purchased: 69K, mid year during the tax year. Market value was about 85K.Tax Asses...
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Hello! I am new to REI in Albuquerque, NM :) I am looking to network and build relationships with great people to get deals done!
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I think I have an idea of how a mortgage broker makes commission, but am still a little unclear. Could someone explain to me how a mortgage broker would receive his/her commission on a mortgage of $200,000 at 6.5% in...
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Hello every one, Im Alejandro and I live in Costa Rica and its very nice to meet you all! I stumbled up on BiggerPockets while trying to learn how to get started as a real estate investor.So here I am, I know that thi...
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Curious if anyone has converted a Class A office asset to a 'live, work, play' concept in a second tier city? Feedback greatly appreciated especially GC advice.
Hello All and glad to be a member!Moved from Maryland to Texas and loving it.Looking forward to gaining investors as well as gaining investment properties and, lastly, improving Texas neighborhoods when needed.Thanks ...
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I am almost finished with the renovation of a Lakewood duplex and need to get out of the rehab loan I used to purchase the property. I had to buy the house under an LLC to get the loan. I purchased the property at $1...