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Hey all, I have two multi-units I am currently looking at right now. If you would be so kind as to give me input, I would be grateful!1st: DuplexSales price at $50,000, but I will be offering at $30,000 and hoping to ...
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My understanding is if someone was to purchase a property in cash, pay for the rehab out of pocket, and then look to do a cash out refinance into a conventional loan, there is a 6-12 month seasoning period. When does...
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For the first time I have a person who wants to deposit the rent directly into a bank account. He has no bank account and goes directly now to pay all bills in person/cash. Its an inherited tenant for a storage buil...
Looking for homes in and around Phoenix, Arizona. Prices are high in this area and I think I will have better luck finding a cash flowing property with foreclosure homes. Many homes are going to auction however and so...
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I am looking for some guidance on how to proceed with a subprime second mortgage from 2006. After the loan was deemed illegal my parents have had every payment deferred. The mortgage company “greenpoint mortgage” was ...
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I purchased my first home in 2011 and currently still hold it as my primary residence. It's subject to a 3.875% interest rate on a 30 yr FHA note. Being the FHA loan, my initial down payment was 3.5%. It was a lightly...
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Hello All. I am new to the real estate investment. I really enjoy learning from you all on BP.I am interested to know, How do you wholesale properties with a mortgage on it? How can you find a good deal and the seller...
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I would love your input on this decision:
I've had 3 offers accepted in the last 3 days. I'm buying all cash, paying for rehab, and then either selling retail or renting. I'd love your input on what I should do for...
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Working on a deal and hoping we can get some advice on how to structure this.End game- acquire land and build 4 Duplexes and 2 Triplexes. We are trying to finalize the terms to purchase 6 lots from the owner. He does...