First time poster and investment real estate buyer! I am 30 years old with 2 kids and my wife stays at home. Decided to get into rental real estate to supplement my advertising sales job. Located in Effingham ILL...
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I’ve been browsing BP and researching a lot… How do others put a property under contract FIRST, then secure a HML/private equity/crowdfunding for financing AFTER? (I had a pre-approval letter in this instance). Still,...
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So I just got approved for $150k SBA EIDL under my design biz (not real estate related biz). Terms are 3.75% interest rate w/ 30yrs to pay. $731/mo (P/I).. First payment does not start until after 12mos from disbur...
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As I've been on BP I've been reading as much as possible--even the ones that sounded scary. I want to learn the worst things about being a landlord as well as the positives. The question for the day:
What was...
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Scooped up this deal direct from the seller at a very nice wholesale price.
1408 Minnesota Dr. Oceanside, CA 92054
3/2 1100sqft - 2 car garage - under a half mile to the beach (west of the 5!)
ARV - $400-$420k (h...
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Every person will be different, but how many properties have you found to be manageable to manage by yourself? At what point did it become too much along with your full-time job?I'm planning to buy 10 rentals over th...
Hi AllI am a newbie and have no idea where to start. Can someone please give me some pointers?ThanksJay
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Hello guys and gals,I am currently in the process of purchasing a 7 unit complex (built in late 1800s). The building consist of 4 studio units and 3 single bedroom units. Each Unit ranges from roughly 500Sf-650SF max....
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what specifically is a "Lonnie deal"? anybody have a link?
I gather they are re-sell deals w/owner financing. Anyone doing this in California?
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Hi BP,I am interested with buying properties on auction.com. Does anyone know how this process would work? Let's say that I successfully buy a house on auction.com, would I need to reach out to an agent to finish clos...