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We require all adults in the household to have a minimum of 650 as their credit score. I had a young couple see the house and they are interested in moving forward with the application process. However, the guy says h...
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My company is offering 52 weeks of severance pay and benefits and this would be an amazing time to launch a true real estate business. We have one condo currently. I have been told by my mortgage broker it would be di...
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Hello! Brand new investor here! I'm 25, in the middle of completing my first deal on a duplex in my home town of Westfield MA while I go for a PhD and bartend in central new jersey. Once the deal is closed, my DTI wil...
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I have only been a landlord for 7 years and am always learning something new. My biggest concern is looking for the red flags/scammers in dealing with potential applicants. A current situation I have now is someone wh...
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Hi everyone, so I graduated a year ago in an MBA program in a nice school and now I have a great stable job reasonably well paid. I am here in a 3 year work permit after my studies but my status is still student. I am...
What if you have 20% down payment, 900+ credit score but can't get a loan because you are self employed and can't prove 2 years of income stability. Income over 6 figures per year. Recently laid off from BP and start...
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I am considering buying my first rental property and wanted some feedback from people that have done it before. Feel free to tell me it’s a bad idea, give advice, encourage, or tell me your process. Everything helps. ...
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We are considering the purchase of a 50% occupied office complex that is an REO. About 30,000 sq ft total rentable sq footage. It is class B+, the existing tenants are very stable and medically oriented. We'd like to ...
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Hello Forum! My name is Dave and I have been listening to BiggerPockets for the past several months and I am hooked. I am excited about REI regarding rentals and would like to make my first purchase in Houlton Maine ...
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I converted my homestead condo in Uptown Dallas to a rental property 2 years ago when I married and moved, and I am hoping some experienced - and objective - investors can advise me about whether to sell or continue t...