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Hi All,I'll be purchasing my first duplex in Minneapolis in a couple of weeks and have a banking question for everyone. I currently bank with one of the large, national banks (not going to name names, but it is one th...
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Hello Everyone!I'm a new member but not new to real estate and I'm glad to finally be a part of an online community to share insights and exchange information. I was curious if anyone here knows or has good luck wi...
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I understand that it starts getting difficult after 4 conventional mortgages, and you’re capped at 10. Stupid question - does this include/apply to refinancing as well?
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I was wondering if anyone had some good recommendations on where to learn a little more about refinancing or even just financing small apartments. These are all over 5 units but under 20 units. I believe you need to...
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Hello BP FHA loan experts,
I believe there is a relocation exception to the rule of only having one FHA loan at a time, is this true? I bought a small multi in Oregon using an FHA loan in March. I quickly upgraded o...
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I am looking for some guidance on how to proceed with a subprime second mortgage from 2006. After the loan was deemed illegal my parents have had every payment deferred. The mortgage company “greenpoint mortgage” was ...
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Hi BP!Question for the community...I currently live in a SFH with an FHA on it. I am looking to house hack a 2-4 unit where I would live in a unit, rent the others, and turn my current residence (the SFH) into a renta...
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Hi guys,
I wanted to ask if anyone had any advice on forming an LLC in Louisiana? I have a rental property that I want to put under the LLC and need advice and recommendations on lawyers who are very helpful with thi...
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Does anyone here use a credit union instead of a bank? I've been liking the advantages credit unions offer, but I want to know what everyone else thinks.
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Investment Info:
Condo buy & hold investment.
Purchase price: $155,000
Cash invested: $185,000
My partner had experience in Sheriff's sales in the past so we heard about a beach condo up for sa...