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I just took out a HELOC to use as a down payment an investment property. My monthly payments will be low (interest only for 10 year draw period), so shouldn't really affect my debt to income ratio much.Once I buy the...
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Hey, Everyone.I am curious to know how many folks have or had a positive cash flow while house hacking? I understand that deal analysis is based on a fully rented scenario but I am just interested in how many people a...
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Hello all,My name is Charles Haverty. I am starting my fourth year in medical school this summer, and will be applying to residency programs this fall, interviewing through the winter, and will find out where my girlf...
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In areas of the country where prices have gone UP, and the only properties left are scraps, would you consider partnering with other like minded investors to purchase higher quality properties? Why or Why not?
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Hello BP Team,Throughout my decade long Military career I've seen dozens of friends unwillingly forced into the role of landlord or end up writing a check for thousands of dollars, $12,000 in one scenario, to sell the...
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Hello BP Community!I am just curious, I have been looking at listings in Boulder and Longmont (really anywhere in the front range) and I am curious if anyone is getting deals that meet the 1% Rule. It seems like price...
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I have several conventional mortgages on rental properties I own. I'd like to keep buying, but the banks are saying too many mortgages and debt to income doesn't look good (they go off tax returns, not leases for inco...
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With elevated housing costs, and reduce interest rates, I am pondering investing money into crowd funding or private hard money loans? Can anyone with experience with either of these offer suggestions from their exper...
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Curious how many of you focus on cash on cash so you can repeat quicker investments. And what’s your minimum CoC that you’ll consider? What market are you in?
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Hi Everyone,In a lot of the books I am reading, as well as some of the podcasts I have listened to, many landlords have talked about adding a clause to their leases to give anywhere from $25 to $100 a month back to th...