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I live in Long Island, NY. This is an expensive area to get started up as a first time Real estate investor as most 2 families and up are in the $400k and up range. My other option is owning a property out of state...
Hi, for the experts who are investing for appreciation, will you invest in a negative cash flow property if the appreciation is almost certain? The property I am thinking about is a ~1.3M purchase, no rehab necessary,...
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Hi everyone,Anyone have experience with buying a duplex as your primary residence but not actually living there and renting it out? Contrary to living in one side and renting out the other? Legality of it, tax implica...
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Tenants have been in place for 7 years and for the most part have been good with regard to paying and following rules. I raised the rent one year ago by $100. (First increase.) Still below market but it's a big place ...
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So, I guess to start out I'll give a brief background about myself. 25 year old, working full time and saving literally every penny to fund my first real estate deal. So far, I've manged to save up $20,000. For the...
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I’ve been researching alternative financing options for my second property. I have seen that New American Funding, Newfi, and Griffin Funding have a 40 year mortgage with the first 10 years being interest only while t...
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I am a new investor and looking to get into my first rental property. I have a few different opportunities but my question is: for your first rental property, would you want something that cash flows good with bad app...
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Hello all.
A situation has come up and I need some advice from the experienced guys and gals on this forum.
My father owns a duplex (1/1 and 2/1) which he is currently underwater on. He is either breaking even or l...
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Hi
As I look to invest on real estate and try to decide on an area to invest, I am caught between two parameters : Cash on Cash ROI v/s long appreciation rate. Places that have a higher appreciation rate have a h...
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Hello everyone,I'm here in South Orange County, California (Lake Forest/Irvine area). Learned about BiggerPockets like many others have...through the podcasts. I'm very new to the Real Estate field and I'm in the "edu...