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Hi,
I went to Chase Bank today and I asked about pre-approval letter for my potential investment property (I will focus on SFR for my first investment). The loan officer told me that property has to be "habitable" (...
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I have heard mention and talk of this but have never seen proof that it actually existed before the financial meltdown.
I am just curious to see what you guys think about a 40 year mortgage product and if there actua...
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Morning BP!Every first time investor reads up on the best entity to approach when trying to find financing. Should one approach their big commercial bank that they've been banking with for years? Or that local small...
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Approximately 75% of our communities have a population of less than 10,000 people. To me it seems way less intimidating to think about becoming a real estate developer in those communities rather than LA, SF, Miami, N...
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I came across this website:
http://assetadvisor.mfgcapitalgroup.com/p1.html
I talked with John Frazier of the above company. Seems to be a reputable company but the claims are too good to be true. So, I...
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Hey everyone, I’m very new to Biggerpockets, but love that there is such a huge network of experienced/aspiring investors. A little bit of background, I’m an accountant, and I have 1 rental property. I have $100,000 l...
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I have a neighbor that is in a distressed situation. She is in foreclosure, with a primary mortgage, secondary mortgage, and an additional lien on the property. She wants to sell, pay off all her debt, and move out of...
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I am looking at a few designs for this duplex layout. There are complex reasons but just understand that I am limited in footprint and cannot add more total square footage to the build.
My opinion is that the Master ...
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Can someone please define portfolio lending for me. I am reading conflicting posts. I need to purchase several properties in a new market area to satisfy a 1031 exchange. I am retired and will not qualify for a conven...
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I’m brand new to the REI world, stumbling into it after hearing a comment my stepson made to my wife: “Why does your generation only focus on being mortgage free?” My first reaction was to dismiss it as 20-something i...