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How much capital is needed to start investing? I don’t plan on living in this investment and I’d like to get a duplex/triplex. Can I put 5% down to keep some of the cash liquid?
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Hey all, I just started on the BP forums here and have already learned a wealth of info but as always, every situation is unique, therefore i'm reaching out for advice.
My situation is as follows:
1.Mortgaging my pri...
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I’m planning on house hacking a duplex for 185k. However, I have a dilemma with choosing the best loan option. I plan to move out after one year and put someone in my unit. My goal is to own the property long term.
O...
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I got a letter from my lender saying there's a escrow balance shortfall after they've conducted an account review. I can pay it upfront or pay it in 12 monthly installments by allowing them to take the additional amo...
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Hello, I have 53 units so I'm not a rental newbee but I've never done a 1031. I'm looking at selling a SFH rental and replacing it with 1-3 Multi family properties. I have a good lead on a facilitator, actually my law...
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Hi BiggerPockets Forum! In August I pulled the trigger on my first deal using a HELOC. I am looking to refinance prior to the six-month mark so I can pull my cash out and do another deal. Are there ways to do that?...
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Hi so I am currently in the process of closing on a home when my lender thought it would be smart to totally never bring up the cost of prepaid items to me before closing on the loan. I know what you are thinking how...
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I bought my first multifamily investment a while back and am saving up for my next one and am wondering how on earth all these investors are gaining huge ground. It seems that 24 units in 2 years is almost a norm, at ...
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Good Morning All,I'm looking for advice from people with experience on the personal side of purchasing a hoarder house for renovation and resale. Has anyone had any luck moving forward with an owner who lives in and o...
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Everyone knows foreclosures are a great way to get a house at a bit of a discount. However, often times banks will not pay any closing cost or if you ask for them, say up to 3% of purchase price, someone else may not ...