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I just want to confirm when using the 50% rule, we only use it to compare to the mortgage amount and not taxes, insurance, etc.? So for example a property is 100K, has 1600/month in cash flow, with a $500 mortgage per...
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Afternoon all!
I am about to close on the sale of my rental property, which I own with another party (50/50 ownership). I have managed the property and the relationship with the Property Management team for the past ...
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I am currently under contract for a 4 bedroom 3 bath home in Columbia Heights that I plan to live in for a year with roommates and then look for HCVP voucher holders to rent the entire home in the 2nd year. When runni...
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We would like to get a HELOC on our current house to move on to buying the next one but we seem to be in a bit of a unique situation:My wife and I bought the house with a partner because at 860,000$ (with 20% down) it...
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Hi all,I'm building a unit in the garage of my duplex. Does anyone have any tips on how to create maximum soundproofing between upstairs and downstairs, whether it's using certain materials or certain construction tec...
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Moving to the denver metro soon and have begun looking at places to house hack, then convert to a full time rental. Going through the eval process now and had a few questions:1) what's standard for utilities? What, if...
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When getting a private or hard money loan what part is the most frustrating?
- Initial intake?
- Filling out loan forms and getting them in?
- What part of the process is the most difficult?
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Hello my name is Peter and I'm just getting started in real estate. I've read the ultimate guide to real estate, but still have some questions/ need help with some general info. Does it make sense to find a deal first...
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Much has been made how the past recession was "historic". During a "typical" recession (not a "great recession") how low do rates typically go?
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Hello Bigger Pockets,I'm about to make an offer on what would potentially be my 2nd buy & hold duplex. The numbers don't seem to be a home run, so I'm on the fence. Should I pull the trigger and buy it, or wait ...