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I'm looking to purchase a potential 2 unit apartment building, but trying to figure out financing. I have enough cash for a 20% downpayment, using traditional financing, but I do not want to tie up all my money in thi...
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So I'm wanting to get my real estate license and I've read varying opinions as to whether I should take the classes online or the conventional way.I currently work as a freelance cameraman/editor so my schedule is fle...
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I have a vacation rental property in southern New Jersey that I am looking to pull out equity for upgrades so it can be sold for the highest possible value. Based on the area, with some updates and renovations, the pr...
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Hi All!
I hold a traditional mortgage on my 4 unit. Wondering the process of converting my deed to an LLC?
Thanks,
Tom
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Between the two scenories, Which one generally offers the better interest rates and lower cost of obtaining the loan when dealing with bank financing? Option 1) Do a cash out refi on a property that is currently paid ...
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Based on conversations with a lender that my mom and I have both used in the past, it seems like the norm is that STR income isn't considered in your debt to income ratio when getting a loan. With typical long term re...
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Hey BP,
Frustration has mounted the last 6 months not finding my first duplex to reach my goal of 3 in 3 years. Time is money and the longer it takes, the further I set myself back on my goal. I am looking anywhere w...
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All I am buying a house with the strategy to resell it to the current tenants... Seller needs immediate money, so I am buying it cash for 100... Retail value 140.
I understand that tenant could not buy it right away ...
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Hi my BP friends, please help me with this query. If i decide to buy out of state , should i find a lender locally where i live or it should be from the city or area where the property is located? Also using traditio...
Good evening bp family. I would like to get opinions on hot water heaters vs tankless heaters. We have a 3 unit building with 3 separate water heaters for each unit. There is only 1 meter for the house so we have to ...