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Hi guys,I am currently evaluating a refinance with a blanket/portfolio loan to cash out for a purchase of a 13 units...I exploring both avenues for loan; 1) conventional loan via WF which quoted around 4.75-5.25% or 2...
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I am in talks with a multi-family owner who would like to sell me his property, but stay on as a 20% owner as I re-position it over a 2-year period. This raises some tax questions for me. This property is in New Hamps...
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Hello all
I am in the process of refinancing 6 rental properties in California. I'm being quoted 3.875% with APRs in the 3.96% to 3.97% range. The loans are 70% LTV with cash out. I have 7 loans in my name, good c...
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When houses are in foreclosure and the asking price is 250k does that also represent any additional liens that may be on the property. If I were to offer 250k could the bank come back and say there's an additional not...
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Hello,I am currently looking into buying my first investment property (potentially small multi-family). I have bought my Primary Residence and another 82 acre land purchase thru a local bank in which i have gained a p...
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Hello fellow BP'ers,
I am looking at the Memphis market for REI. There seems to be opportunity to my remote, untrained eye. To see what I might be missing, I would like to see if people here have any PM recommendatio...
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Does anyone have experience investing in SC? I live near the state line and have avoided looking in SC because of unfavorable property tax increase to investors.
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Looking to get 60k to clear off high interest credit card debt. My credit score around 640. Debt to income about 60%. I tried HELOC on rental properties none of the banks I spoke offering this product after covid. I s...
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Hi Everyone,I recently relocated to the Atlanta area a few months. I am 3-6 months out from purchasing my first house hack. I plan to do it with a VA loan and was curious if anyone in the Atlanta Area has any experien...
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We are seeking advice and guidance as we embark on our journey to invest in real estate in Florida. Our goal is to purchase a new construction home as our first investment, with plans to acquire four more properties i...