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I just got into real estate in January and I’m not sure of which route I want to go with my first two deals, so I’d like to know what y’all recommend. Here’s where I’m at.....
Deal #1- I’ve got a lease option (as buy...
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Hello BP!I recently heard in a seminar and podcast that you can use credit card debt for a down payment on investment properties. Has anyone heard of this strategy or any other strategy where you can use your credit c...
Hello BP Community,
I have always had a long debate what is the best strategy when it comes to salting multifamily properties/small apartment buildings. The more units under one roof, the more efficient the cost of s...
Hello, I recently went to a RE meeting where they said that assignments and double closes are illegal in California (Los angeles), but I sort of don't believe it. Do you need to buy the property first, and then sell i...
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In an effort to stimulate repairs and sales in neighborhoods hard hit by the housing crisis and recession, the FHA waived its standard prohibition against financing short-term house flips. Before the policy change, if...
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I have enough cash on hand that I could purchase a home in a less afluent part of town, or finance in a nicer area?I've always been a little gun shy about borrowing money, but understand financing could increasing my ...
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I have an opportunity to purchase some undeveloped lots in the Bella Vista area of Arkansas. I'm in NJ so the purchase will be made site unseen so I'm wondering if this area is showing good signs of development. Any i...
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BP furnace experts - do you consider it important to replace a gravity furnace (often referred to as an "octopus") for safety reasons?
A duplex I've had for eight years has one of these. I do make certain t...
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I have an inherited tenant whose 1 year lease is ending from previous landlord. Do I have the option now to offer a month to month (tenant at will) lease or do I have to carry the existing 1 year lease terms? (but wi...
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Hello community,We have purchased a home in Nevada City, California that is currently a cash flowing rental, until it becomes our primary home in 1.5 years when our family relocates to the area. The good news is that ...