Just found this site today and I think it is and will be a great resource going forward. I have about $100k-$150k that I would like to start using for real estate investing. I've been researching a lot about wholesa...
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Aloha Everyone,
I am a Realtor, somewhat of a FI/RE guy, and conservative when it comes to debt. Not quite Dave Ramsey, but I get what he is trying to do and am not mad at his approach. With that said, I think the co...
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Leverage, when used as a noun, refers to a ratio of the amount of debt (loan capital) to the value of the equity (cash or balance sheet equivalent). For example, if an investment, let’s say a property, has $100K of de...
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Hello from Connecticut!I have a hate-love relationship with Connecticut. I hate the state because it's WICKED expensive to live in. I love this state because it offers over 300+ bird species that migrate through! Yes,...
Why would a debt buyer/investor purchase a delinquent HOA debt ($11K) at face value? Pursue collection via the judicial foreclosure process?The property is free and clear. Est. Value $225K.
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Hello BiggerPockets. I plan on house hacking a 2-4 unit property within the next 12-18 months. What are some of the requirements to qualify for an FHA/203k loan?
Also another question, should I pay off my debt first...
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I am from the southern New Hampshire area trying to get my financial freedom started. I love to network and get to know how people think to expand my horizon of knowledge and ideas. I have been saving/investing into m...
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I have a lender offering me a DCR loan at 6.99% on a 40 year fixed rate. This is to do a cash out refinance on a single family home in Hilliard, OH (A very nice community in which to live and own real estate). Is th...
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Hello, I’m finishing up on a property and will be ready to refinance the property to pull my investment out. Originally I was going to do a cash out refi with the loan officer at a local bank, but I found out about le...
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Hello,
Just wanted to ask this question. I have a lot of student debt, and was wondering when I start to gain momentum on investing in properties, should I put some towards my student loans (what percentage). I also...