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I have read how many investors who subscribe to the buy and hold philosophy believe you should buy a property at no more than 85% of value. I wanted to get the BP input on this topic. I have an opportunity to buy su...
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Investment Info:
Townhouse buy & hold investment.
Purchase price: $65,000
Cash invested: $15,000
Updated family-owned townhouse to increase rentability and market appeal. Replaced all flooring, ...
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I am a FL Wholesaler I just recently partnered with a Note Buyer/ REO bulk contract holder.They sent me 4 deals, with addresses and zip codes. They state that they are 42% FMV or Offer from the Buyer. However, they di...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $193,000
Cash invested: $96,500
1/4 mile from Wake Tech Community College main campus, 1/4 mile from coming I 540 i...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $50,000
Cash invested: $90,000
My first ever out of state investment was a single family rental property in Indiana...
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What are differences typically of private money vs conventional loans terms?
Conventional: 30 yrs, fixed, amount loaned dependent on income + credit
Private: 1-5 yrs?, fixed?, dependent on?
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Investment Info:
Single-family residence buy & hold investment.
Cash invested: $6,000
Inherited SFH 2bd/1bth monthly rent $700. Property required modest cosmetic updates (fresh paint, vinyl plank fl...
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Hello,
I am attempting to purchase an investment property in a location that I do not live in or work in. The loan is conventional and they are asking for Employment Verification saying I work remote in order to sett...
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Has anyone ever considered or tried buying an empty lot or a tear down and used their VA loan to construct a house to sell in a highly valued area?
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Buying a manufactured/mobilehome in Palm Desert, CA is a little different than a typical real estate purchase. It is important to determine if the home you are considering includes the land with the purchase, or, will...