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I have found a home I'd like to make an offer on but I have yet to determine how much it will cost to repair/update. Is there a forum here, vendor list here, or method of finding reliable contractors in the DMV area? ...
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Hello Members, I would like to ask for your experiences/stories/advice on HELOCs. We have 2 rentals with a large amount of equity and a cash out refi on one of them fell through b/c the property is no longer our prima...
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I'm a newbie to the multifamily business. Currently have a 8-unit under contract, with closing in a month. I wanted your guidance/advice on the best way to structure the purchase such that I can protect my assets an...
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Good morning,
I am new to the real estate game, looking for our first fourplex now, just got pre-approved. Background: employed (w-2) as a physician, wife is a stay at home mom, also very interested in real estate an...
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I have a borrower who asked me if he could "borrow in the name of a 'land trust'..." He briefly explained some of the nuances, and when I asked him why he did this he said, "It protects us a little better than a LLC.....
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I am on commission in my job, and although I do well, banks have been turning me down for loans because I don't have a commission history of at least 2 years. Prior to 5 months ago I was all salary. So based on this I...
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There's hope that the definition of accredited investors will change in the near future. The House overwhelmingly passed JOBS Act 3.0 on a bipartisan basis by 400+ votes. With this amount of support, the Senate will s...
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My husband and I are anxiously awaiting the refinance of our primary home so we can get started investing with our first deal. My husband is a general contractor and more confident in this field than me, but we both a...
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Real Estate is certainly a great vehicle to invest because of the various tax benefits associated with it. However, if you invest with pre-tax money, some of those rules may not apply, for example depreciation tax wri...
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I am at a crossroads about David Ramsey. Am I the only one or do I see him as arrogant, and does his method of cash of king seem like and awful method. I look at his youtube videos and I just dont want to doubt him an...