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I have called one hard money lender but the interest was high and so was the deposit. This would be my second investment and I understand it is risky when dealing with ppl just getting started. I don’t know where to l...
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Hi,I am new here so many apologies if this has already been answered in another blog post or forum post, but is it necessary or a good idea to get pre-approval for purchasing a property prior to searching for a deal? ...
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I just rented a home to a tenant who did not quite meet my income requirements. I expressed my concern to her and she said she had $20,000 in savings and could get me a letter from the state where she gets just under...
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Hi All,I am a first time poster and first time buyer. I have been listening to BP podcasts, Googling acronyms, reading forums, and searching Zillow/Redfin/Realtor/etc for about a month now. I am searching the Northern...
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Good Morning,We have purchased our first rental and it's been on the market about a month, roughly 2 weeks with updated pictures since we repainted it. The home is fairly new, 3 years old. We have listed the property ...
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Hi,Re: posting an "apartment available" ad (with regards to California law). ---- Is it legal to include minimum credit score requirements in the body of the text that the end users will see?"Minimum credit score __...
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I know now is a tough time for vacancies due to the time of year and also with not as many people wanting to move during COVID. We have a vacancy in Rogers Park now for 3 months and a vacancy in Noble square for 2 mon...
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Rookie here……but D.S.C.R loans seem to be a great way to acquire property. I’d like to talk with anyone who has dealt with these kinds of loans before. Pros/Cons, contacts even maybe, for instance how do you even acq...
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Hey everyone,
I'm from Texas, and I've owned my house for a little over 5 years, which I bought at near market value from a family member using owner finance. Now I have a bit of equity in the home and I'm interested...
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I am an experienced landlord, not a newbie, but I came across a situation that I thought I'd put out there for feedback. I want to know what you'd do and why in this situation. I don't really need basic lessons in s...