House hacking and renting by the room are two of the easiest ways for rookies to dive into the world of real estate investing. Both investing strategies are affordable, low-risk, and easy to implement. The best part? ...
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Hello, I’d like to know how investors typically handle Subject To contracts. Do they use a servicing company to make the payments directly to the , or do they make payments directly to the seller and hope they pass th...
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Hello all,Along with my short term goals, I have the goal of getting started with rental properties here in Chicago and was hoping some who have gone through this could provide some insight.My goal is to use a FHA 203...
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Thousands in Hawaii, and millions across the country are now unemployed and unable to make their mortgage payments. There are also those that own investment property where the tenant is in the same situation and can ...
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First time home buyer trying to house hack in San Diego. My lender has mentioned I can’t do FHA for triplex or 4plex and need to put a minimum 15% down. Is this the case? I am looking at FHA for duplexes but a lot rea...
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I'm currently house-hacking a triplex in Philadelphia. I want to refinance to a lower rate, and thus lower my monthly mortgage payments. The loan officer is telling me financially it doesn't make sense for me to refin...
on the bleachers right now just learning so i got a question If I find a duplex for 350k, put 20% down , 30 year mortgage after the 30 years is over and the property is paid off, it cost me more than 700k that just ...
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I'm trying to clean up my books and need help resetting my balance sheet - I believe I need to go back in time and essentially reset the initial entries. Basically, if someone can tell me how to set up my books starti...
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Hey biggerpockets fam I am having issues with financing and wanted to see if anyone had tips!I bought 2 properties about 16 months ago, did repairs on them so on my 2021 tax returns my real estate shows a loss, with b...
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I am seeking my first buy and hold. I came across an investor who owns 60 duplexes in MD and is willing to owner finance for a year. seller is looking to free up some time and selling a few. Numbers are as follows: ...