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What's your own primary residence story? How did you acquire it?
Did you buy it after you zoned on an investor-friendly area, or did you find a place you want to live first and then started investing in your backyard?...
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Hello, BP community! I'm new to real estate investing and I don't have any deals under my belt, yet. I live in NYC but I don't feel ready to delve into this market for a first time investment. Too many cash buyers for...
Ok guys I just want to let you know that once I am done with college (thank god) next week I plan to make the transition part time wholesaling and part time waiter (30) hours a week..
I am working on what I plan to d...
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Hello BP,My name is Ryan and I’ve been lingering on BP for a few weeks, trying to get the lay of the land and reading as much as I can (both on BP and books). While I am still learning the basics, I learn best by doi...
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I must say that I find the idea of purchasing Non-Performing Notes to be somewhat fascinating. With a degree in economics and a stint in commercial finance, the complexities of the moving parts attract my mind's inter...
First mortgage, 230k, 5.125, ARM (40 year, about 14 years in), just reset in July (locked in may/June), up from 5%2nd, HEL: 40k @ 3.75% (2 years into 10 year)Property value, 300kSo that puts me right around 90% CLTV. ...
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Seeing it both ways. A bank doesn’t want to hold on to a house. At the same time are they gonna be willing to sell it to you at a price that makes it worth while for you as the investor.
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Here is a situation. The house is underwater and the owner is willing to do shortsale or any strategies to stay at the house and have a chance to buy the house back.
Is the above homeowner's wish possible?
To newbie...
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Hey everyone,
The flood happening with the Mississippi River is making me even more cautious about flood levels of the properties I buy. What is the best way for me to go about finding out if the level is low, med or...
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I went out driving a couple days ago through several different neighborhoods near my area looking for potential deals. I noticed about 4 homes that had grass 2+ feet high with overgrown shrubs, etc.
One property had ...