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I have a detached garage that I plan to convert to a small studio, to list on Airbnb. It is legal and within regulations where I live. I could use cash to finance this, but I'd rather use leverage. These are the metho...
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Hi all!It's been awhile since I have posted, things in life got kind of crazy for awhile. I had some promising leads, but due to my personal credit, they didn't work out. I've taken big steps to fix this, but long sto...
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Just curious if secured credit cards improve credit more then regular credit cards, Anyone know?
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Hey guys first time posting! Looking to start flipping full time in Canada. Red Deer, AB to be exact. A city of about 120k ppl right in the middle between Calgary and Edmonton. My dad was a builder back in the day and...
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If I buy a second house using funds from an IRA I am not entitled to any personal usage of this property correct? Is there any way to purchase the property, receive the tax benefit of an IRA, but still utilize the rea...
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I made an offer on a Fannie Mae property via Homepath earlier this week and I heard back on Friday that my offer was accepted for $101,500. I am borrowing around $150,000 from a relative's IRA to fix and flip it. They...
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Is anyone using business credit to fund their deals? looking for some information about this. I have done hard money deals in the past but i would like to get more info on this, any help would be great!
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I'm running into a snag on a purchase we are working on.Background: We are doing a 1031 exchange. Two LTR townhomes into a larger active STR. COE 7/9 and 7/15 on sales. $320k net combined proceeds; $250k mortgage payo...
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Is anyone familiar with the company: FUNDING FOR FLIPPING?They offer a line of credit to purchase homes at 1% interest with a high 1x down payment between 6-9k which is taken out of the loan disbursement.Hoping to get...
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Hello, bp community,Wanted to ask a few questions about hard money loans and the skin in the game part.I understand that hard money lenders require that you have skin in the game, what I would like to know is how much...