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Should I save two years for a huge downpayment for a house (hopefully possible cheap mortgage) or invest that money in downpayment of a rental?
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I had 3 estimates done from what looked like the best rated window guys I could find on Google Maps (I don't know where to get any references).They all quoted me between $26k and $37k for 10 1st floor windows and 8 ti...
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I would like to put my theory out for a test and see if you guys can shoot some holes into it.Here it is:1.) Real Estate Prices are mostly a function of supply and demand. There are some other factors that play into i...
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Hi BP, I'm a newbie investor looking for some guidance from our Dallas-Fort Worth investors. I have a meeting with a homeowner and here are the numbers. ARV: CONSERVATIVELY $290K (RICHARDSON TX)REPAIRS: $20K (FOUNDATI...
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Hello,
I'm from San Jose, CA and am interested in finding long term buy and hold SFH rental properties. I'm new to all this, so maybe this isn't the right strategy, but I'm not looking for multi-family or a lot of ca...
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Hello BP People!I just got back from Myrtle Beach SC and I'm ready to purchase a condotel. Problem is, the lenders my Realtor has done business with will not do a loan for a studio. Units require at least a true 1 bed...
Hello - what a great site. Newbie here. I’m starting to read and go to meet ups to gain as much knowledge as I can. I have money to invest but I really want to leverage most of the deals that I can ( goal is to have a...
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Hi all,
I have a couple homes owned outrite, that were very inexpensive and am now paying steep homeowner insurance rates in south fl. Wondering, has anyone found a way to keep liability only on their rental ...
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Hello BP Community,
I have just put an initial offer on a property in JAX, FL with a preapproval, but I want to shop around for a better rate. Currently sitting at 3.875%. Anyone have any suggestions on a good lender...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $70,000
Cash invested: $25,000
Great single family home thats a 2 bd 1 bath and large yard.
What made you...