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I have this Idea of taking a 20% withdraw for a down payment out of my 401k to avoid PMI costs and down the road to grow my properties to gain financial independence. I understand all of the consequences like 20% fed ...
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So I had a local agent, a young one that has not seen a downturn in the market, reach out to me and ask me what I was looking for in a house. I have been approved by my mortgage person for up to a certain amount, and ...
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Hello, I am new to the group and just starting my road to real estate investment education. My question is,
Does anyone know the Danville, IL market. It is where my husband was from originally but now we are in the S...
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Hey everyone!So I am still fairly new to REI but have been doing a lot of research on the blog and forums. I am mostly interested in maximizing cash flow, even though some appreciation would be nice as well. I am most...
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My husband and I just had an offer accepted on a multi-unit (our first investment ever!). If all goes well, we'll be occupying one side, and the owner JUST got new tenants in a week ago, so we'll be inheriting them. W...
I was wondering if anybody that buy and holds a house if they ever use the positive cash flow to pay off a house faster?? Is this a good startegy?
Lets say you pay it off faster then you get all the rent the tenants...
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This question is for those of you that do this as a living, and as a supplemental income.
What is/was your initial primary source of income? And if you've since gone into doing REI as a primary source, how secure di...
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We are just starting out in our buy and hold strategy, and I specifically told my agent that we want to spend around 40k, and are interested in short sales, foreclosures, etc. She showed up for our first meeting with...
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HI EVERYONE! I’d like to introduce myself to the BP community.I'm a young realtor and investor that lives in Vaughan, Ontario. I’ve been licensed and practicing full time for a few years now in the Greater Toronto Are...
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Hi there! I applied for a DSCR loan and the terms include vague language indicating they may be a penalty if paying the loan early. Is this common for these types of loans? Is there a typical minimum period where the ...