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I thought I'd share my approach and strategy to buying foreclosures that has served me pretty well.Foreclosures – Assessing ValueWhen you buy a foreclosure, not only are you assuming liens on the property, but you’re ...
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Hey all,Acquiring my first property soon, and was wondering if anyone had suggestions on contractors in the Austin, TX area? I'm looking to do cosmetic work throughout 1/2 of a duplex as I house-hack it. The other 1/2...
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Hello. BP,We’re scraping the bottom of the barrel to get this project to the finish line but are coming up short and I’m worried about what will happen when I apply for a cash-out loan. Let me give the scenario and I’...
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Hello, I'm developing a business plan for my REI and I'm wondering what credit score do most people use to determine potential tenants? 780,740,720, 550???? Is the score or the record what concerns landlors most?I pla...
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Wanted to share my most successful real estate deal I've ever completed. In just over a year I earned $103k by getting creative with what would typically be a standard flip or wholesale deal. First, the financials... ...
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Hi BP Experts,We had a roof leak that basically destroyed most of the inside of a house we own. Our contractor said repairs will cost $24k but the insurance company is only paying out $6k towards repairs. How do we ...
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Hello everyone!I started looking up what are the estimate closing costs in my areaand I found a calculator from one of the banks. The result was - estimate closing costs, including prepaid items and escrow account fun...
Hi guys, Im new to the site. And realizing I've got a lot of studying to do. I currently own two rentals and am looking to buy a third, but am apprehensive about it. Its a 4-plex all brick built in 1950 in good shape...
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Hi all,
I have my first lead on what seems like a cosmetic fixer upper in a lower/moderate income neighborhood and I could use some advice on how to structure it.
4/1.5 Brick split level (1 bedroom and ...