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BP community!I am getting ready to launch into RE investing. I am looking at 2 opportunities to capitalizing my portfolio. Would love your feedback and advice on these two options.option 1: Sell our house.We've got ou...
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I have a HELOC on my primary mortgage. Just refinanced it to another bank. The bank I have my original HELOC from sent me a payoff letter that says unless I request it in writing my line is still able to withdraw un...
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I've developed a business around contacting representatives of recently-filed estates and offering to purchase the decedent's house out of the estate. My business model involves purchasing the property as is on an a...
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Hello forum.
I am looking to upgrade to a SFH in the Fremont/Milpitas area and am looking for a way to finance the purchase. Here is my situation:1. About 10-15% downpayment available in cash2. Planning on selling cu...
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I am interested to move forward with a HELOC offer from my local Bank here. They offer at 5.25% interest rate, up to 80% to 90% financed for 10 years, 120 months. During their introductory time to the end of October 2...
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I am currently under contract to purchase my first duplex. I am looking to start investing slowly and hope to acquire and fix up a few rental properties in the next couple of years. I would like to keep my personal f...
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Hello BP!I am currently trying to obtain a HELOC on my primary residence. Most likely we will be using it to do some rehab on the house prior to selling it (if that plan sticks). In general just want to have access to...
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Hello BP!
My wife and I are planning on renting the downstairs portion of our house to start our investment journey. To do this we're going to add an additional room and a kitchen area to make it a 2 bed/1 bath. The ...
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Hello all, I have been a BP for 3 months actively listening to podcast (started from podcast 1) to posting a few questions, but this is my first time introducing myself. My name is Sharika and my husband Jason (who ju...
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I’m buying this house for 40k. Just about any lender I talk to says they will not do a Fannie Mae Homestyle loan (mortgage & renovation costs consolidated) unless it costs at least 100k. Would it be possible to pa...