I am interested in starting a discussion about what folks who have provided private loans have learned. To start it off here are my observations.
1. The borrowers are not always that smart. They will do dumb things r...
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Hey everyone, Big Noob here. 21 years old and aggressively saving for my first down payment. Just beginning the process of acquiring resources and learning about rental properties. One thing that stuck out to me was v...
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Hi Folks, I thought there was a sticky somewhere spelling out the 2% rule and how it originated. Maybe getting confused with the 50% rule. But anyway want to find out how to back up the 2% price valuation.
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Has anyone worked with a LOCAL flat fee or reduced cost MLS listing company in the Washington DC area? I have property I am looking to sell there and am having a hard time finding a local company that will do a flat f...
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Hello everybody. New to real estate investing and the forum here and really happy I joined. After some personal issues I’m financially ready to start investing. I Want to get your expert advise: I currently own a mul...
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Hello BP Members! I am writing to ask a question related to "the order of things" when it comes to starting out. I have not bought my first deal yet because my seed money will come from a refi on my current home. Refi...
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Scenario - one private home; multiple investment properties - when attempting to re-finance a hard money loan for ONE investment property, in terms of the "front-end" ratio (which I understand to be max 28%), does the...
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Hello I had researched awhile ago and have been using Tenant cloud for the past few years. THere were some things that were wonky, but it worked. Now their subscription fees are going up over 50% and they are chan...
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Hi All,
I was under contract to close on a multi-fam in NJ. My closing date was scheduled for 4/19 but the seller was trying to make changes to the original contract. So since negations we're not complete on 4/19 we ...
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Does anyone have a good template for a personal financial statement? I’ve gotten several from banks, friends and on the internet but they all seem to be lacking in one way or another.I’m thinking of creating my own on...