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My wife and I are about 6 months away from buying our first home. We are planning to buy a home in Arizona (East Mesa most likely). What tips would you give to a newbie who is looking to turn their first home into a r...
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I have $125k from an inheritance and am looking to buy my first investment property ASAP. My local market is steadily growing with tech and aerospace industries and has always been a big tourist destination. Being on ...
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The seller is open to creative financing. He has two mortgages on this house that total $103k, he wants to pocket $16 after the deal. I had my realtor run an analysis and the ARV is $182k. He's had the mortgage for 1...
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Hello all,
I had a question about a strategy I see all over the internet where people raise money from a "Private lender" form the down payment on a property and then the rest they raise either from the bank or from...
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Hey BP! Taking an initial look at some properties in the Lawrenceville/Millvale areas of Pittsburgh. What's the take on the ground for those of you who are local? Some of the top priorities we look for in a neighborho...
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So I got my first deal that I'm working through but I'm struggling with the rehab figures. It's a 2000 sq ft house and needs a full rehab. Kitchen, bath, flooring....everything. A guide I'm following says $35 per sq f...
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Hello!, I am new to bigger pockets. The wealth of information is dizzying to say the least. I am currently looking at my first rental investment. I have ran the #'s and the cash to cash return is pretty good (about 3...
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According to Forbes, the U.S. has the most High Net Worth Individuals in the world. A High Net Worth Individual (HNWI) is generally accepted as person who has $1,000,000 or more in liquid assets. A liquid asset is mon...
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I'm really hoping there is a simple answer for this.
In Greater Phoenix, there are three levels of comps: Traditional Sales, REO's and Preforeclosures (Short Sales). Here are average comps in do...
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Hello all,
It's a long post, but I will appreciate your responses.
So I have this 2-plex that I bought last month. It has one boiler in the basement that heats 1st floor and the 2nd floor. I had couple of contractor...