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As many of you are well aware, I am no fan of RTO or LTO as I believe there are serious legal issues at both state and federal levels involving the concept of both of these being a form of a disguised credit transacti...
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Economic Update
(Monday, June 22, 2020)
The recession that started in March was the sharpest downturn since the Great Depression. As it turns out, it may also be the shortest. This doesn't mean our economy is ...
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Private money, non-bank lenders, also called hard money lenders have always lent money without the need of a mortgage licensing. But the financial reform following the real estate meltdown, namely the Dodd Frank Act, ...
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Many people don’t know that FICO is a company that provides a credit reporting software that is widely used. With so many people having major credit issues as a result of the financial crisis, the FICO credit reportin...
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Investment Info:
Single-family residence buy & hold investment in Grand Rapids.
Purchase price: $145,000
Cash invested: $41,000
My wife and I closed on our 3rd rental property in December, 2020 a...
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I am a newer investor with 2 properties. The first two properties I purchased I saved up and bought them off the MSL as well as doing all the repairs myself. I would like to scale faster, and I've come to the conclusi...
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Hi BP! My name is James I am from Metro Detroit but living in South Florida (Fort Lauderdale). Real Estate investing has always been something on my mind but I always thought it I needed to be "more established" befor...
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To follow up the @BiggerPockets .com podcast last week with Ben Kinney, I want to hear your thoughts about his investment strategy breakdown below. It reminds me a lot of the assets vs liabilities discussed in Rich Da...
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I have come across several turnkey properties, and in my ongoing efforts to learn and educate myself I am hoping to find some guidance in what would typically be the next step in analysis, based on the information I h...
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Howdy! I'm a corporate financial analyst looking to begin my long journey of acquiring wealth for my fiancé an I's future. We are currently living in Virginia, but plan on settling down back in Texas after our JD and ...