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I bought a duplex for 128k when the market suggested 140k. I have an amazing renter for 6 more months. Before I stopped thinking about real estate investing and starting applying action, I made some decisions I may ha...
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At what point do you start qualifying for commercial loans? When you buy something more than 4 units?I ask because we have an LLC and want to transfer then from us to our LLC at closing. But then at some point with BR...
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I have 10k in student loans.I owe 155k on my 1st duplex (worth 250k)I owe 160k on a SFR (worth 175k). This loan also covers the vacant lot next door, a buildable lot. New construction homes here sell around 350k.I owe...
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My husband and I live in Chatsworth, CA and recently learned about real estate investing just 2 months ago. We are committed to learning everything to be able to achieve financial freedom ASAP! We both currently work ...
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Does anyone have experience holding property from a self-directed IRA? I am trying to get a handle on what is possible, and the pros and cons? For example, can I use IRA funds for a down payment, or must I make an o...
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Good Afternoon BP,So this is my dilemma......I am looking to finance a deal that has come my way and I was looking to see if there was anyone out there that could help or give advice. Here are the numbers>Purchase ...
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Does any one have tips on Hhow to maximize the benefits offered through the VA, VA Loans in the purchasing of a 2 family home for a first time homeowner?
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Hi Biggerpockets folk,Quick backstory: Own a duplex with in-laws, all on the deed, bought as a primary residence in 1998 for both couples. Mother-in-law passes away, father-in-law remarries, dies 8 months later. No wi...
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I’m in my 20’s, no debt, 800 credit score, and have a little to invest (30k or so). I’ve been doing freelance work over the last several years, which allows me to work remote. I have family/friends all over the US and...
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Is it possible to do a 1031 exchange and use the proceeds to buy a house using hard money, then refinance into a long term loan? I wasn't sure if the loan product matters.