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I'm not sure if this is a legit term but I've thought about this before and then I ran the numbers and was pretty excited to see what I came up with. Perhaps many of you already know about this and I'm just behind the...
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what does this government bail out mean to us? Should I put a hold on looking at property? Should I stop trying to pay down my house? Should I consider pulling out the 25k+ equity i have in it already? What do you...
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Hi everyone, I'd like advice on how to proceed.Its a commercial condo on a downtown mall in a small city. Prices are generally high here, and cap rates don't get too high.The tenant (long time coffee shop manager has ...
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I've decided to make my next investment a "live and flip". The plan is to buy a distressed property at the right price and use a 203K loan to fund the bulk of the rehab work. Once that work is done I'll be an owner oc...
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Hi BiggerPockets,I have read the book advanced tax strategies and want to take advantage of the Self directed Solo 401(K) I have a few question and was hoping the community could help me out.Currently I have a W2 job,...
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Hi guys, first post here. Site has been great so far. Here is my situation:In September of 2014 my parents made me the beneficiary and Trustee of an Irrevocable Trust. We put their house, which would sell for roughly ...
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I have posted before regarding my problem with my investment properties (see: Is it possible WAMU will lower my principal?) . I took the advice of this group and immediately put the property that has the best chance ...
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The NEW lease-option design...As I understand it, one of the requirements of the new Consumer Finance Protection Bureau, birthed from the Dodd-Frank legislation, is that ANY lender in an installment sale has to verify...
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Brandon recently said that $200 of cashflow after expenses (including mortgage) on a house is a homerun. I am aware that different markets produce different results, but what is the minimum amount of cashflow you woul...
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I would like to buy my first property. But idk what is going to happen with all this covid going on.. what are you guys doing?