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I went to do a bid for a deal , cash deal, and the realtor ask for ernest funds to secure deal ...how can I go around ernest money without ruining my chances of defaulting on deal??? Help??
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First time poster, long time reader. I find the information here amazing. I am completely new to this business, but feel I have studied a good amount about real estate investing.
A friend of mine has been doing real ...
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Hi fellow BP members,I'm looking at a 2-unit property in Baltimore City for a potential house hack.In researching market rents in the area, I've come across few posts about utilities in the city. One of my concerns is...
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I've got some money in a solo 401K that I'm considering investing in multifamily syndications, but I'm having a little trouble figuring out to vet syndicators. I've been approached by a couple people and have seen exa...
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I've heard many horror stories from limited partners about the general manager they partnered with to do a deal and I noticed some commonalities in each story:
- Not following through with business plans
- La...
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Wondering which tenant application looks less risky financially? Neither have rental history as both owned...
Applicant A: Retired Couple
Income to rent from social security & workers comp = 3.7x
Income less ...
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I just read a post here from a gentleman asking for a lender who would either lend on the down payment of a house, or lend on the entire purchase of the house.
The responses were mainly that there are no hard money l...
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Hello BP world,Been away for a long while. A bit background: I've been investing in real estate for approx 10 years now and have a small portfolio of single families and multi families. While it's doing ok in aggregat...
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I am currently Investing around the Phoenix area from out of state, it looks like you need someone in Arizona on paper to manage your properties. Besides getting a property management company around the area to manag...
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Hi! I know this may sound like a complete newbie question but I really need help. I want to ‘fix and flip’ a property but I’m not sure what borrowing route is the best to take. My credit isn’t that great, and my broth...