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I have a question regarding 1031 property exchange. If I sell a single family house for $1 million which has a mortgage of $100k, can I do the following: I buy a single family house property using 1031 exchange fo...
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The only (2) units I've owned thus far have mortgages on them, and therefore homeowner's insurance.My next few purchases will be cash - - but I can't imagine not placing homeowner's insurance on that - am I right?Is t...
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Hello everyone!So for the last few weeks or so, I've been looking at buying my first duplex. The original idea was to house-hack using an FHA loan in addition to a down payment assistance program offered in my area. W...
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A real situation has me asking a lot of questions. A house in our neighborhood went to auction. The (old) homeowners were shocked when someone showed up at their door to claim their property. Looking at the court docu...
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BP Community, I'm running into an issue and want some advice.This summer I purchased a distressed property using hardmoney, 80% LTV. I spoke with a lender I've used in the past and explained our game plan and there w...
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Hello everyone, I posted last year about house hacking in Pittsburgh but did not get serious until this year. What do people think about Brentwood, PA? I have found a couple units that may work but am wondering if I a...
Moved to property September 1 2019. Had to clean before I could move. Property not taking care of. Nasty but knew I could get in shape for I own my own business a cleaning business. I planted plants around the porch a...
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Hello everyone,I recently started my journey to my first investment property. I am at the point of trying to narrow down a lender and I thought before I made a decision, I can listen to the advice of anyone willing to...
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Hello everyone,
I am moving to Chicago soon and looking for great investments to house hack. Would it be a good investment to buy in southshore, woodland or Chicago lawn?
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I am a buy and hold investor and have just been saving up my 25% down payment and purchasing. However it has become harder to find a good deal in this market. So I decided to look into refi to get a lower rate.
My ...