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Hey BP -I'm in contract to purchase a mixed use property in Northern New Jersey and I have a question for all of you lending guru's out there. As is, I'm purchasing the property at a 6.5% cap, but upon lease up of the...
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Let's say I get a HomePath mortgage for 5% down, and I live in it for 1 year as required by the HomePath First Look program. If after a year I want to move to a different residence and rent out the HomePath proper...
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Hi BP,I'm looking to purchase a property (offer accepted at $485k) however the appraisal came in $30k under ($455k) which I'm unable to cover. The seller (so far) isn't budging and has refused to lower the purchase pr...
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Hello, my name is Tinah, from MA and I am a newbie. I am in need of direction in dealing with possible lead in an old property. During inspection I found an infant of about 6 months in the apartment (have yet to see ...
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Hello, I am relatively new to bigger pockets and real estate investing. Some background, I’m active duty military and recently purchased my first rental property. This property is currently rented, with the start date...
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Hello everybody. I am looking to begin investing by house hacking and am looking for some guidance. A little background info about myself, I currently work outside the U.S. for 9-10 months out of the year and live in ...
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hello everyone! My wife, Kristin, and I are eager to get going in this business. We have been "lurking" in the forums, listening to podcasts, watching webinars, searching for and analyzing properties using the BP ca...
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Hello guys , I have another question, do hard money lenders borrow money for down payments? what are some of the way that do you guys use to get all the money that you need for the down payment?
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Is anyone else experiencing issues with erentpayment.com? I use them for rent collection and they are currently holding my recent rental payments. Allegedly there is an issue with their bank and the bank's required ...
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I want to give you an idea of how my situation is so bare with me...I'm 23 years old, single, without children, with a job I love and make decent money. I've been with this company for three years but the downside to ...