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I have a rental property I purchased cash using my credit cards. I purchased it for 18k rehabbed it and now it appraised about 35k. The interest rates went up and I really don't want to sell for 35k I'll break even on...
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Hey fellow BPers, I'm new to BP and to real estate. I had a discussion today with a mentor from the Doug Hopkins real estate program and they have a mentorship program where for one year I will have weekly calls with ...
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Newbie here is trying to get started. Wasted the last a few years because my husband keeps saying the big crash is coming and refuses to even do some researches. I guess he's now tired of me nagging all the time. He a...
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I'm in the midst of @Brandon Turner's 90 day challenge where I have committed to analyzing at least one property every day for 90 days. So far, I've really learned a lot about the many facets of deal analysis and in p...
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After some analysis, I've decided to invest in Detroit suburbs (Warren/Sterling Heights) or possibly further out (Grand Rapids/Ann Arbor). I will be buying and holding from out of state, but I do want to visit now and...
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At the risk of sounding like a complete rock, here is my question...
What is the formula for figuring out if rental property is worth it? I realize this will vary for different areas, mine is TN if that helps. I've...
I have a borrower (self-employed) who is purchasing a 640k property in Orlando area who has had to clear up unexpected conditions in order to obtain a loan commitment, but he has done what was needed and we're back on...
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I'm interested in utilizing the BRRRR strategy in these markets. What are the downsides, and are they enough that they should dissuade me from trying? "PS, one last example. There is a profound difference between K...
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Hello all,
I've been working on a short sale for a few months now that I just received approval on. I am buying this as my first rental unit b/c I it looks like a great deal. Here are the details...
Property Descrip...