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Hi, I am a 23-year-old newbie to REI originally from Chicago, Illinois. I currently work and reside in the Orlando, FL area (specifically Kissimmee). I had previously read a lot about FIRE (financial independence and ...
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Should I utilize an FHA loan on my first home purchase or use a conventional loan? I would be purchasing with the intent to rent it out after a year of living as the contract will require. Is an FHA a good investment ...
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So as the title states, I just landed my first deal. 120k property, appraised for 128k and I will be adding new carpets, paint etc - just some light rehab. Mortgage, taxes, ins, etc will be about 1k (requires flood in...
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We are up to 58 bank failures in the US (thru July 22). These banks represent approximately $19 Billion in assets including 4 Billion dollar banks and 1 two Billion dollar bank.
This also makes 10 failures in July a...
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Looking for thoughts and ideas...My wife and I have been flipping for a couple of years. Our profit has been between $20,000-$35,000 on the few we have done.I am passionate about real estate and investing and have bee...
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Two years ago I formed a new incorporation with a partner with the goal of buying multiple properties over the following years. The partner and I own that business 50/50 and now he wants to cash out.
My first reactio...
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Hello! I'm looking for a few quotes for a future issue of BiggerPockets Wealth Magazine. Do you want to be featured in our next edition? If so, please answer the following question and I may use your name, city, and s...
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Ok. We are in deflation now, and we don't know how long it is going to last.
Because of our government, we know that eventually interest rates, taxes, and inflation are going to go up, up, up. The most important pri...
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Hi, I'm new to the forum and was hoping to get someone's opinion on this investing plan. Bought my 1st condo (2 bdrm/2 bath) in the SF valley about 2 years ago but want to move closer to work so planning of renting my...
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So I bought my first duplex with an FHA loan for 128k and it was appraised for 130k. PITI IS 1025 a month and I rent out the other side for 650 a month. Now I know that this isn't a great deal but I bought it before I...