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Hey all you House Flippers out there in BP World . . .If house flipping is your main thing or something you've done a lot of, I'd like to hear your opinions on any or all of the following questions (or your own best t...
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So I'm looking at a foreclosed home. All utilities are off. Well obviously I want an inspection before I buy. The air conditioner looks bad, but I don't know for sure. How do I get it tested to see if it works with no...
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I am looking at buying my second house. I just found out that the owner has it paid off so there may be a possibility of doing a contract on it.. I am wondering what the pros and cons are of using bank financing versu...
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Hey FamilyHow I would get my property appraised a second time after i completed a rehab. My first property I went through the bank so they sent their own appraiser. Can I use the county assessor website to analyze the...
We are buying a vacation rental property in a gated area by a lake. Things are very laid back there, mostly retirees and vacation rentals. We're under contract, but I've noticed the same laid back attitude with this p...
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I've been considering putting our properties in LLC's using a land trust set up. My accountant mentioned that we could just increase our liability insurance policy instead of paying the fees every year for the LLC's ...
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A partner and I formed an LLC in November of 2019. We didn't contribute any money or obtain our EIN until after the beginning of 2020. Nor did we do any business or have any asset under the LLC. When I received the...
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Hey everyone! I have a duplex in Stow, OH that's been serving me well since 2015. I have a 30-year note on it at 4.75% - not awful, but the lower rates have me drooling.
I think I have two problems though:
1) I'm an...
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I'm based in Halifax, Nova Scotia, Canada, and our multi-family market is insane. Average multi-family home is around $250-400K and any property listed close to or a bit above market value is gone within 24-48 hours, ...
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Is anyone else pissed or bothered about this new refinance tax that is being forced by Freddie Mac and Sallie Mae? So now if you do a cash out refinance or that like using the BRRRR method will now be “TAXED” 50 basi...