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we are going to be first time investors (in GA) and we are having a really hard time finding a property in our price range... we want to find a bank owned property but i really have no idea where to even look! i've si...
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Looking to purchase a duplex up here for $10k, it needs $30k worth of work, ARV is $60k. This brings my 70% refinance to $42,000. Is this too low for any bank to take on a refinance or is that just big banks? I use a...
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Hi all,I am curious about the pros/cons of investing out of state vs locally. I am a young professional in my early twenties with a strong income for my age and zero debt. I want to build passive income for myself in ...
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Hello all BP-ers!
I am currently under contract on a 4-plex in the Butte, Montana area and I am beginning to consider hard money lending as an option. I tried to undergo the HELOC process on a different rental proper...
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About to start the cash out refi process for my first two rental properties, and curious what all goes into the appraisal process for an income property. Is it any different from a single family residence?
I'm f...
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Some banks have separate departments for business and consumer lending. Consumer lending seems to be more accessible for investors who are newer to the game and don't have large portfolios. Additionally, banks may hav...
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Good morning everyone,
I was just searching to see if anyone has any tips to help keep utility costs down. I already had a buddy replace all high light bulbs in a 3 bedroom home and his last 2 electric bills wer...
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Before exploring this concept with a qualified legal and tax professional, I wonder if any of the community has anecdotal experience around taking a distribution from a 401K and balancing the earned income taxes with ...
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Would love feedback on an idea I had. I have a good friend at work who has talked about purchasing a home now for the last 2-3 years, but just simply hasn’t done it. He is single, with no kids, and just currently rent...