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Just wanting to point out the importance of analyzing repair costs before buying for a buy and hold. Assuming 50% expenses and spending the rest on PITI can get you in trouble.
In the last 5 yrs my duplex has average...
I talked to a mortgage lender in my area, and after a few minutes of talking he was clearly excited about my situation! This got me really excited too, and he told me that I am formally pre-approved for a loan! I am t...
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Hello BP!!
During some research I have came across Dodd-Frank and SAFE act regulations with seller financing. As a new investor should I meet with a RMLO and/or Real Estate Attorney:
Before I start maki...
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I recently went to a creative financing meeting and got very inspired with what we spoke about. One of the topics covered was master lease options, or sandwich lease, and as he was doing a demo on how to pitch it. ...
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Hi all! I recently asked a question if I should house hack (in San Diego) a condo to get started now (I'm 22) OR should I wait until I have enough to buy a house and house hack a house? I only have 50k saved up now wh...
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Been looking at OOS small multifamily properties and I'm curious what the not so obvious differences are. What does one need to know when looking at a 6 unit building as opposed to a 4 unit? What changes when a buildi...
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I am a SF investor looking for the first time at multi-family. The property in question is a block of 18 1BR condominiums currently being operated as apartments. They are part of a tranche of ~40 condominiums that t...
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Hey BP, I made an offer on a SFR potential rental property for $104K in my offer I suggested $100 option fee for 10 days and $1000 earnest money. They countered back with same price $104K but wanted $3500 earnest mone...
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Astoria, Queens: Two-Family Properties, good investment?
Intro
Astoria, Queens, has long been known for its culture, heavily influenced by European countries like Greece, Italy, Germany, Poland, Croatia, and other c...