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Hey guys, I am in the educational/planning phase of my real estate investing career. I plan on starting out with a house hack using a low down payment to buy a duplex and rent out the other side. I would love to incor...
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I'm looking at some deals and I found this one that is calling to me, it looks like a great deal for a long term rental, but, the property is on a flood zone...Do you have any experiences with properties like this?Wha...
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After seeking advice here on BP I've decided the next step for me is buying a four unit FHA each year for the next few years. Living in it for a year while I fix it up and moving on to the next and allow the forced ap...
Hello, i currently own a student rental in Kingston Ontario, renting to university students. i'm using a property manager to manage the lease/maintenance, as i reside elsewhere.the property is currently leased to a gr...
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New investor, any help would be greatly appreciated.It looks like this property will cash flow about $300 a month.But it's not hitting the 2% rule.Is this a good first rental property?What would be a better price to a...
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2018-03-17 - Good Morning BP Community - looking at first investment - BRRRR a Condominium - anything special about this type of real estate? - have used BRRRR analysis tool - asking myself if numbers indicate Go or N...
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Hey guys,So I've been in the mortgage industry for five years and about a year ago a co-worker told me about how he has four multi family properties that cash flow over $500 a month after all mortgages and management ...
We financed the purchase of a home for our daughter. We are agreeable to refinancing the loan at a lower rate. The original mortgage was secured with a promissory note and a mortgage document filed with county. Can...
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Hi BPers,I am closing my 4th deal early next month in Kansas City, MO. This is tenant occupied property where the tenant pays $1150 a month for last 2 years with previous owner. Lease ends by June and I am in dilemma,...
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So I was listening to a podcast yesterday and I heard someone mention that when you borrow for loans in excess of 4 mortgages, lenders require 6 months cash reserves for the sum of all mortgage payments. They went on...