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So I’m in a bit of a bind, I have a duplex I’m house hacking we remodeled entire thing, new hvac, electric panels, electric main, updated plumbing, water heaters, furnace, install central air, roof. Two complete inter...
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Pre ordered Pace Morby’s book. Looking forward to reading this one!Very interested in learning more about funding deals with creative finance. I have a feeling this technique will be a great tool to have as we go thro...
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Hello,
I am new to the entire refi process and looking for some direction here:
I purchased a foreclosed property 2 months ago using hard money and close to finishing the renovation. Since i put 20% down, i am hopin...
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Hi BP,Can you cash out refinance a 25k property ?Thanks.
I understand that having some of your own saved up money($3000 - $5000 worth) is useful in case something bad happens. I can definitely see this been used for rentals, but what about flips? If I was raising capital ...
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I have a couple properties in South Florida area that were bought cash under an LLC. I want to do cash out financing on these properties either using conventional mortgage or Heloc. Would appreciate advise on which fi...
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We are just starting out in the REI game in Central PA and we have a business plan meeting with a local bank to discuss an unsecured LOC over traditional financing. We want to drive home the fact that cash purchases ...
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Both 2015 and 2016 were great years for flipping properties in Colorado. However as the prices went up and the inventory got tighter it became harder and harder to find good buys, even at the Foreclosure sales. As a...
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Hello BP,In a wholesale deal, what is the difference between the end buyer using “financing” rather than cash? How does that affect the wholesaler and their deal?
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How much cash should I have set aside per unit in case of emergency?
I didn't know if there was a rule of thumb, but was thinking a year and a half worth of expenses.