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Ok, I have a question I could use some opinions on. The lot joining a house we own is being offered for sale at 39K and is .19 acres. It has been on the market for 200 days and we are ready to make an offer. We ...
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I have 8 homes that I currently own and all have been rented with no issues. I am thinking about selling one to make money to pay off debt which is currently the house I live in. it should bring me I hope 12...
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I am looking to expand my portfolio into bigger multifamily properties out of my area. Right now all of my loans for 5+ units are with a local bank. They are around 4.5% interest, 5 year fixed with 25 year amortizat...
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BiggerPockets has got me all fired up but now I have to figure out a way to make something happen.I've found a property, actually 2, but for now I'm focusing on the financing for a 4-plex. I'm interested in further un...
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Kind of a long post. Sorry. Just put a property under contract and wanted to get some feedback on which option is best. The purchase price of the property is $260,000. The property has a house on 1.08 acres and is ...
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Hello BP!I am a new investor in the Puget Sound - more specifically, targeting Snohomish and Pierce Counties. I have been shopping local bank and credit unions for rates on a cash out refi and HELOC on a rental that m...
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I own 3 rental properties in cash, all were inherited. I am new to financing. I am aware that it is wise to leverage my equity and invest further so I'm asking for advice. I am a student so I live from the rental in...
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Doing some risk analysis.Let’s say I buy a property now and market value drops soon by 20% is it better to have less downpayment such as 20%. Or if it is better to have / had 40% (either higher down or big lump sum t...
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I finished screening a tenant over the weekend and am meeting them in a few hours to get a deposit, which for me de-lists the property and would stop any other screening activities. I just had a second application co...
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Pro's and Con's of Renting from an Individual vs. a Property Management Company