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ok. So a good friend and co-worker of mine (we'll call her "cindy") has a home which she purchased in 2013. At the time her mother was living in the home and assisting with mortgage payments (although the loan is in ...
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For quite some time now there have been many people saying sites like Zillow and Trulia were going to make the real estate agent as obsolete as the analog television or the travel agent.I don't buy it. Either do the n...
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I made an appointment to pre-qualify with a mortgage broker to purchase investment property. On my own credits, I qualify for $260,000 loan at 5%APR and 25% down payment.
I have a private investor lined out ...
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With so many ideas, strategies, opinions, formulas, aspects of REAL Estate Investing one starting out can get really confused about where they should start. Do I wholesale? Do I Fix and Flip? Do I start with the BRRRR...
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After speaking with a few other BP members, I’ve noticed that a lot of people have the same question. Since it’s on everyone’s mind (and it probably always is since we’re in RE), I thought it’d be a good idea to share...
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My long term goal is to become a commercial investor, buying apartment buildings and businesses. Because of that, I've been contemplating becoming an agent myself since I would also like to get involved in wholesaling...
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Not sure I understand how wholesalers without any cash or credit can make offers to a potential seller and get around the hurdle of showing proof of funds needed to close? Can someone explain this?
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I am a new landlord renting out my first rental property. Does the IRS consider rental income as regular income and tax accordingly (30%)? Are there any special tax breaks or deductions?
Hello all! Just finding this site. We have had some really mixed experiences this year with inconsiderate guests, and we have been playing around with the deposit vs insurance. As most would recoginze, most guests ...
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Hey guys,
My real estate agents wants to sign a one year contract for sale. (I am thinking of selling my property in Pensilvania)
I do not want to be tied up by the contract for so long. The RE agent says I can back...