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I am in the beginning phases of putting together an investment team specifically targeting multifamily properties. I have a few questions regarding money and recommendations of putting it moving forward. I normally co...
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I want to purchase my sisters house as my first investment. It would be a live in rental.I would have one bedroom to myself with access to the common areas. I would rent the house to her. She gets the master bedroom a...
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Is there any penalty for paying down a mortgage early? I'm trying to get started in DC and the down payments needed for a conventional loan is 20% however, for a standard duplex that's in the 140k-300k range. I'm not ...
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All hail America’s savior. Obama has fixed the economy…even if he must say so himself.
From the article:
Obama's aides had mocked reporters for making a fuss over his first 100 days...
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Dear Community,
I hope this message finds you well. I'm currently faced with a financial dilemma and would greatly appreciate your insights and advice.
Background:
I am 23 years old and earn a monthly salary of $...
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Does anyone know if it's possible to get a 1st Lien HELOC on investment properties? If so, what banks/lenders will do this? Any lenders have insight into this?
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@Scott Trench ruined my first home purchase. Just kidding...kind of, but in a good way.This year, May 2017, I bought my first house. Renting felt like I was throwing money away so I thought I was making a smart inves...
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I’m 22, and will be closing on my 2nd rental property soon🥳🎉🏠 it hurt putting 20% down, ouch ! My main question is what’s the minimum cash flow you want after mortgage is paid ? My first one is $247/mo
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The goal of pulling out all of the money is a little unrealistic right away, puts a lot of pressure on you and your team. This is especially the case when you are trying to do volume and want to build a big portfolio ...
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What are some of your favorite areas of the country to buy and hold for the long term? Would love to see where people are bullish but also hear where people are bearish for the future.