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I have been looking to buy my first buy and hold rental for about 18 months. I have enough cash on hand for a 20-25% downpayment and a contingency fund. I have an area and investment strategy in mind but when I went t...
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Hi BP,I am interested with buying properties on auction.com. Does anyone know how this process would work? Let's say that I successfully buy a house on auction.com, would I need to reach out to an agent to finish clos...
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( This post is VERY newbish, expect me to know nothing at all, in fact I'm sure I'll look at this post in the future and think of how stupid I sound like right now. Future me, sorry. )
Hello, I'm in the Toledo, Ohio ...
In the spring of 2018 I have the opportunity to purchase a townhome valued at $110k for $79k. The owner is a friend of the family and just doesn't want it anymore and doesn't care to make a profit. they are very well...
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Hi Everyone:
I have an interesting dilemma and not quite sure which direction to go here despite some experience with rentals, fix, flip, etc. A friend of mine is willing to give me her home if I will pay he...
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Hello BP Fam,A few days ago I met face-to-face with a lady who contacted me after catching one of my bandit signs I placed throughout the area. In brief description, she is a burnt-out landlord who is behind on her mo...
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Hello Everyone
I have some questions about borrowing from a Mortgage broker.
Well first off I found one in my area. They require 25% down for any investment property. They can only fund properties 70k and up. Their ...
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Hello everyone:So today is day 1 on BP. I've been listening to the podcast for about a month now and am very excited for what 2016 holds. Before I get to my questions - I would like to provide some background as to wh...
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Hello,I have 2 full time STVR Properties that have substantial home equity ($400k each). I am looking to be more active in real estate investing primarily in shorter term fix and flips. I spoke to my banker today an...
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I am considering partnering with a contractor on a rehab and need some ideas on how to protect my investment in the property. The contractor used a hard money loan to acquire the property and would like for me to ...