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Here's my current situation...we have a home that we lived in for over a decade. It's worth $255k and we owe $140k. Monthly mortgage (escrow included) is $1188. Great interest rate of 3.25% and it's in a wonderful are...
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Brief background: I still own rental property and relocated from TX to AL in 2017. I decided to rent a house for a year to decide where I’d prefer to live long term instead of rushing.
Straight to the point: I am bu...
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We recently bought a 5 unit property in an older historic area that is seeing some growth. We got a good deal and the rents have been kept artificially low which allows plenty room for more cash flow. Only problem is ...
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I was interested to hear what others might be doing in securing non-bank financing. We all have a circle of potential lenders/acquaintances that we could tap, without the hassle (or outright impossibility) of dealing...
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Have been trying to do a refi with BNC - a lender from Zillow...While I thought things are going smooth, lender came and requested my ex's settlement statement...So he has a rental property where we took out the mortg...
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I'm new to BP and wanted to see if pulling cash out of my home is good idea to begin investor path.
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So, as a budding house hacker I wanted to ask my friends on BP:What tools come in most handy to a novice landlord? What should I add to my list?HammerTape measurePower drillHacksawSanderScrew driversAllen wrenchesChan...
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Hello,I have a contractor that is requesting 50% of what he quoted the job up front. It isn’t a super large sum of money, but I’m curious on what type of things I should do/look for to protect myself. As of now all I ...
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I am curious how the landlords on this site will handle tenants whose jobs are going to be impacted by all the conventions being cancelled and hotel rooms being cancelled and flights being cancelled etc etc. We know o...
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Long story short - James Wise has an awful reputation here in the Cleveland area, but I have bought properties from him before I proceeded with another. Title came back with an encroachment. The roof is over the next ...