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My husband and I are purchasing our first SFH rental in cash from a wholesaler. As the Assignee, should we be using our own lawyer, or is using the wholesalers lawyer sufficient. I want to make sure that our best inte...
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I have a deal question - quick scenario. Have an opportunity for a 38 unit prop that has 3+ acres for further development, which has received all approvals and rights to add an additional 28 units. There is a privat...
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hey everyone,I property that I have had my eye on is going to auction at our courthouse. I'm not familiar with courthouse auctions. I know that I'll be responsible for the title search, that's about all I know. Is thi...
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Hi BP Community,I’m a new investor who wants to get into the game but lacks sufficient funds. I really like my W-2 job and therefore don’t want to quit at the moment but want to get started in some way. I have been re...
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I’m 23 and new to the workforce. Just graduated college in December and have a steady job. However I’m looking to start investing and would like to start in the $100-$500. Looking for any advice on what I should do or...
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So, I have a bad property manager who allowed my tenant to let the property fall into disrepair and, because I didn't choose the contractor he recommended, he has let my property sit untenanted x 8 months, not followi...
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Fellow BPers how might you handle this situation:a young couple had good references and rented a unit from me. First check couldn't deposit as it was a starter check (not their fault). They provided a second check r...
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Fannie Mae made an enormous announcement this week that impacts anyone seeking to house hack – they reduced their downpayment requirements on 2-4 unit properties to 5%. This is a massive difference from the 15%-20% d...
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currently I have 3 properties (I live in one) . The way I've done it has been pretty elementary. When I've built up enough equity either by paying down the loan or the value has risen sufficiently I've done cash out ...
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Has anyone ever had any luck (when using private money) getting the seller (REO) to accept a pre-qualification letter from a private lender? For the successful attempts, would anyone like to share how it's worded? I ...