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Hi everyone, I found an owner willing to be the bank for me for 95% (only 5%down ) in a simple loan of 4.25 percent interest for 5 (maybe even 7 years) but then the balloon pops and I owe him the entire asking price. ...
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Howdy yall!!
I have a few questions regarding being a landlord as I will soon be doing my first rental here in Austin.
1) What site do you use to run credit/background/eviction checks? I understand ...
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There are several ways to buy an investment property, each with its own advantages and considerations. Here are some common methods:
Traditional Purchase:Cash: Buying a property outright with cash provides a quick an...
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Welcome to our first ever BiggerPockets bookclub! This will be a chance for us to talk about what inspired us, where we have questions, and how we can become more effective investors. Please note our forum rules (foun...
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REI asked, so here goes...
I have used primarily Yardi over the years, with several companies, it seems to be a market leader for midsized companies. This is code-driven, meaning you do data entry by first inputting ...
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Hi guys,
Need some quidance on how to do a HUD-1 net sheet for a Short Sale. Bank is waiting on paper work. I have everything else needed for the short sale package except the HUD-1 which is the bottom line for the ...
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I am moving to South Florida in 3 months. One of the ideas i have right now is to house hack a duplex( Looking for 250-300k range) However I do not have a enough money to put a down payment, because of moving expenses...
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I’m looking to buy my first property (2-4 family) to house hack/ BRRR. I’m wondering about using the 203k loan to get a property, fix it up while renting it out and refinance. Does this seem like a good strategy to in...
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Hello All!I have an applicant that is on military deployment oversees and his fiancee lives here. I showed the unit to her and they want the lease to start before he returns (she will move in first). He will be sendin...
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Pay cash for an investment or finance it? A few weeks ago, I saw a discussion on Facebook that asked the age old question, is it better to purchase an investment with a mortgage or all cash? I decided I should ...