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Hey all! Quick synopsis of my background; contractor for ten years as well as six years of estimating multi-million dollar construction projects. In addition to this, I have been investing in residential properties ...
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I've been looking a lot more into creative financing (like seller financing, subject-to, and lease options), but was curious how you'd go about that with a property listed on the MLS through an agent/broker. Let's say...
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Hello all, I just closed on my first fixer upper single family home last week and am planning exit strategy B. Strategy A has been to sell this house when its finished then invest in a rental in a "better" location - ...
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Invest or ignore. All opinions appreciated.County Size: 150,000City Size: 40,000Unemployment: In line with USHousehold Income: $45,00010 Year Pop. Growth: 0%Renter Population: 30+%City Description: The city is the se...
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I live in Texas and am working on using the equity in my home to get a loan and construct a garage apartment to rent out and try my hand at land-lording. I understand that most banks like to use this formula: (Value ...
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If you are-Not pounding the phones calling sellers daily-Not reaching out to peers daily for insight and connection-Not educating yourself through webinars, books, and commentary regularly-Not attending conferences wh...
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This last month I bought my first rental unit. It is a first floor condo that I bought for $50,000, with the help of a private investor. I just rented it out for $935/month and will see some pretty positive cash flow....
With my lease expiring soon (house with 2 roommates), I am looking to purchase a home with total cost of debt, tax, expected maintenance, and insurance less than my current rent payments (or within $100, so essentiall...
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I always hear people talk about refinancing a property, not for a lower rate, but to cash out their equity? Can someone explain how this works or give me an example? I don't understand how it works. I do understand re...
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Do you think it is better to invest in East Bay (of SF Bay Area) or Washington DC? Which will appreciate better in the coming years? Any thoughts?