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Hello BP community. I’m looking to get into my first ever property as a live in duplex with a 3.5% down FHA here in Chicago (McKinley Park, Bridgeport, or Pilsen) The problem I am running into is that any properties I...
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So i recently started a post with the question of Flipping Houses in Queens or Brooklyn (NYC)Here is the thing, for someone like myself who is looking to start investing in NYC,where the market is tough to get into an...
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So we’re about to buy our first home. It’s a 4-plex in downtown LA. One of the tenants in the house has not been paying rent for several months, and owes $14.000 in rent. The person has not been evicted because of the...
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I am interested in hearing opinions (not legal advice of course) if you have the time to respond. If I purchase a rental in my name, keep the loan for it personally, and deed the property to my LLC does that make it e...
A house for us to live in turned headache, turned into a $105k flip.So my wife and I bought a house, 3BD 2BA with an attached studio, in Aptos, CA in June 2015. Purchase price $678,000 ($28k over asking), we got a $5,...
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I stopped playing the lottery a long time ago. Even then I only played the large jackpots. I'm finding myself tempted again. There are two huge jackpots right now totaling 2.6 billion dollars combined. If I won eith...
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Hey BP,This is my first post I'm from Philadelphia P.A. There was a recent death of my neighbor. The cousin of the deceased has no interest in the property and wants to sell the property to me for $1. The problem is t...
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Hello All,So I'm looking for some personal opinion, preferences, and insight.I'm beginning the search for my second property (first closes on 7/8 hopefully) and I would like to either use the FHA and 3.5% down route t...
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How do you get started in this business when you are poor and have no savings. I am ready for a life style change asap. I live in Virginia and wanted to know if anyone can give me any advise. Please help.
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Hi,I have been presented with a very unique and rare opportunity to purchase the home right next door to me in a very hot neighborhood in Austin, TX. Because of this opportunity to potentially sell both lots to a deve...