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I'm a newbie investor. I started out by first buying my own home. It is a 2 story Chicago brick Georgian. I house hacked and was able to use other people's money for my down payment. I went through the typical proc...
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Hi everyone!I have had my real estate license since 2013, and have been looking for ways to get involved in real estate investments while I finish school. I am 24 years old, have very little capital, and only have abo...
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Syndication is a great tool in real estate that some do not know about already. By definition, a real estate syndication is the pooling of funds from passive investors to purchase income-producing real estate. A passi...
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Hey BP!So I have a verbal agreement on a 25 unit portfolio and I need to get it under contract. My question is this: is it best practice to have an attorney draft one up for me or is it better to be represented by a ...
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Hi everyone,
I'm currently managing short-term rentals for myself and a family member in Texas. I'm wanting to scale and add other clients to my portfolio. However, I'm not a licensed real estate broker, which mean...
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Hi BiggerPockets Community,
I’m Jaedon, and I’ve spent the last few years helping clients secure business funding to grow their ventures. Over time, I’ve built a network of 20-30 clients who are always eager to explo...
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Hi all,
I am very new to real estate investing - in fact I haven't started yet. I do have my own home and some retirement portfolios so I would like to protect my current assets before jumping into RE with b...
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What’s a Wrap-Around Mortgage Loan?
A wrap-around agreement is a type of secondary mortgage financing and involves the buyer paying the seller directly for a residential property — often at a higher interest rate t...
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Hello fellow Central Minnesota real estate investors. Tomorrow night the City of St. Cloud, MN will have a meeting to discuss and vote on increasing the conversion fee for the second time in two years. In 2014 the fee...
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I just bought my first condo and I’m getting it ready to list for rent.
This is my current game plan:
1. Open an Ally regular checking account just for that one property. (Deposit rent & pay for expenses)2. Use...