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I'll start With a little background about us. The only form of investing We've ever done before now is through employee stock purchase plan and 401k contributions (Never really had the extra funds to do more). My wife...
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Hey y'all!Would love to get advice about how you get a duplex to work for you in terms of cash flow. I'm looking to house hack a duplex and live in one unit while renting out the other but the cash flow wheneverI run ...
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Hello, first post here!Hoping to get some advice on how to choose a market to begin real estate investing? I currently own a home in Provo, UT. I live upstairs and rent out my basement. I am ready to take steps to pur...
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Hello everyone. I’m 4 years from being able to retire from the military and dont want to work in gov contracting the rest of my life. I used the VA loan for my first home in San Diego and have 200k in equity that I wo...
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It's been about three years since I started out on this real estate and personal finance journey. While I still have plenty of work to do and likely several more years of investing to achieve my financial and real est...
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Hello all. I am a 35-year-old engineer from the Bay Area with a cute 2-year-old daughter. I've just started to look into Real Estate investing for about 4 months now as a way to achieve financial freedom. I've been re...
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Hey :)
so the basic rule for a good REI is most of the time
100% finance w/ a cashflow of 100$ per unit
but what is wrong w/ buyin RE which is breakeven cashflow wise?
simple example:
-no downpayment
-100k credit a...
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When asking a private money lender for funding, do you suggest amortizing it over only the course of the loan or do you try and structure the contract so that it has a 1 year balloon with a longer amortization period?...
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I have tried to figure this out but I get lost in the details. I have a couple of houses that I have had for over 10 years and a couple for only a few. I'm trying to figure out if its worth keeping them that long or...
I have a full time job but I want to build a rental portfolio and become a cash flowing Real Estate Investor as quickly as reasonably possible. Currently I am renting an apartment until September of 2018. My plan now ...