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Hi everyone!
I'm new to real estate investing and just wanted to get some advice, input, and constructive criticism on using a HELOC as a down payment to purchase my first investment property. I'm currently in the pr...
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Hey guys,
I'm from Canada with a $500,000 budget to invest in some real estate in the US. I'm thinking about buying a couple of properties with 25% down on each and then renting out the property that should cover th...
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I am moving to Montgomery AL to attend a one year school and then will be moving and most likely will never return. That said, I am thinking bout building a nice home or buying one that's still very modern (2500 s...
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I have a mid-term rental in Southern California near the beach that is consistently losing money each year. It is worth approx $1.1 million and I would net approx 500K from selling. I plan to sell it and roll the fund...
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I am currently considering renting my rental property to a section 8 tenant but the problem is that the market rent is about $300 higher the HUD Fair Market Rent. The property is located in suburban cook county. Since...
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I recently purchased/ mortgage my first residential home in December 2023
Now I'm trying to purchase my 1st investment home in Detroit Mi. Having trouble finding a lender to lend no more than 60,000 with me putting d...
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Well, finally I found a fair option. I low balled the seller and they came back with $5,000 over bid. It's fairly priced, not a mega deal, but just ok. I did not accept the counter-offer, and rather scheduled a sec...
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I own a 3-unit property: a duplex and a carriage house. In the signed leases, I included a pet policy for the carriage house and the upstairs unit in the duplex. The final unit to sign - the lower apartment in the dup...
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In a work/money fix&flip partnership:
The silent partner provides $1M.
The working partner does all the work, including securing an additional $1.4M in financing for the LLC.
The working partner keeps 2% of the...
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Has anyone tried requesting a sec 8 rental increase but the rate comes in lower than the current rate? Would sec 8 decrease the rent to the calculated fair market value of rent or at worst case scenario remain the sam...