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Hi,I bought a home on a commercial renovation loan structured as follows. Before construction, the home was appraised for $80,000, and after-complete the appraisal value is $120,000. The lender was supposed to disburs...
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Well this was a long time coming, but I finally did it. In October of 2023 I was able to close on my first property. I will include numbers below. What happened after that....an immediate eviction. Luckily it wasn...
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What do you all think the definition of a contingency fund is? I am the money partner on a major rehab project - my first. My business partner is an architect and is fairly knowledgeable about the market, which is...
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Hello Everyone,I took a hiatus from studying REI and from Biggerpockets, but I'm glad to say I am back and ready to go! My wife and I are currently going through the pre-approval process to buy our first property. We ...
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Hi guys! I’m 21 & am making 75K + 2-3K(ish) per month in commission. I have about $35K saved up & would ideally like to use maybe 20K on my first investment property. My credit score is something like 730 as w...
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I want to start investing out of state and wanted to see how people evaluate markets. My market is far too rich for my blood at the moment, but I want to be in decent markets and I'm not sure how to identify those. ...
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Being a real estate investor is an enticing aspiration that comes with many rewards and benefits for savvy investors. As a separate asset class, owning real estate investment properties has become one of the most popu...
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I have been running deals for practice. In running an STR deal, I found a huge return. I am analyzing the deals based on monthly cost and using AirDNA to determine a recommended daily rental rate. Similarly, AirDNA cl...
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Hey Guys and Gals,I just wanted to start a poll of sorts. I am interested in how many of you hire an inspector to check out investment properties before you buy? For fix-and-flip, do most folks just ask their general ...
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As a first-time flipper of a SFH with a goal of making at least 10k on the project, would you recommend financing everything with hard money (10.6% and 3 points, loan for $189k, interest $1,717/month) and a personal l...