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I'm looking to buy a duplex to live in. I've been pursuing FHA loans because I'd like to put as little cash down as possible to have money for renovations, maintenance and improvements. However, the fees associated ...
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Here's a hypothetical scenario... :-)I am not experienced enough nor numbers smart enough to figure this out with confidence but I am devising a plan and would be very grateful for input from some of you who are so br...
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cc: @James Hamling So today is very interesting. Job market is extremely robust that we add 300k jobs than 150k predicted job. In theory this should not be good news because then Fed would have reason to keep the inte...
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I have been a member for awhile now and I have been reading and learning about all the different strategies for Real Estate. I decided to go to my first tax sale which was very interesting. First of all they don’t tru...
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A guy called me yesterday and asked about an apartment we have for rent. I gave him the info then he asked, "Do you rent to felons?"
I was a little surprised and responded, "What do you mean?"
He expla...
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Economic Update
(Monday, September 14, 2020)
A majority of Los Angeles households face serious financial problems due to the COVID-19 pandemic, with Latinos and Black residents bearing the brunt of the economic pa...
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We have had a house listed with a realtor. We started at $254 looking for an owner financed deal but ended up getting the house under contract at $227 with traditional financing. The buyer has not been able to sec...
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So a year ago me, my wife and her parents purchased a 4-plex in Los Angeles. We payed $1.35m for it. They now want to remodel it for $1m, in order to get $3000 a month from each unit. I, however, think we should rathe...
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Hi everyone,
I've been looking for properties for months and am still having trouble finding properties that cash flow. I'm aware that with high interest rates and the crazy rates of appreciation we've experienced wi...
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Hi! I am looking to raise capital from some family / friends for my real estate lending business. I am an unlicensed hard money lender (legal in my jurisdiction - no broker license needed for non-owner occupied) and h...