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I met with a real estate agent today to view a single family handyman special. During our chit chat, he expressed an interest in investing as well. The one topic that caught his attention during our conversation, was ...
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Would it make sense if i get a family member to cash out refinance $250,000 on a fully pid 1 million dollar house and that i will assume the responsibility of the $1,400 monthly payment that comes with doing that? Has...
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I have a couple hundred thousand equity in my primary residence. I like where I live so selling to free up money is out of the question. I am a licensed realtor and want to finally flip a property if possible. Hard mo...
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Hi all!
Brand new to this and just starting to get my feet wet. Will be renting my personal residence out soon to grow my money and enter the world of tea estate investing. What is the best way to separate my finance...
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Hi i found an investment home that the purchase price will be too low for the bank (which wants to lend at least 65K) any suggestion how one gets around purchasing homes for less then 60k?
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Dear forum members,
Can you take a home equity loan out and use that money to lend out as a private lender?
Is that profitable in long run?
Thank you kindly.
Your feedback is much appreciated.
Best,
Sue
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Hi all, I was reading a book by Rich Dad Advisor Garrett Sutton and he mentioned opening a Wyoming LLC to hold LLCs operating in other states with weaker LLC protection. I wonder if anyone have done this?
My main qu...
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Hello Everyone,For my next deal that is closing soon, the bank did not offer me what I was promised or looking for but a private lender offered me exactly what I am looking for but I never dealt with private investors...
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I am looking to set up an account at a bank different than my personal one for rental property expenses/income and savings. However most places are saying I need an LLC In order to use the accounts for a rental proper...
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Hello BiggerPockets,
I'm new to REI and getting all the knowledge that can help me. At the same time taking reasonable actions too. We rented our first residential property which is fully paid off and now moving to 2...