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I am browsing the internet looking at multi family investment opportunities. Is it reasonable to offer 80% of the asking price on properties that have no real issues? Also, would doing so insult the seller to the poin...
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I did some investing in the '80s and then REO departments were willing to deal, like financing the rehab and the puchase what they called "in-house" loans. I wonder if any of you insiders can enlighten me if this is s...
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Thanks for all the replies - I added an update at the bottom.
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Hello,Mark Luchsinger here. I work mainly in the Salt Lake City and Park City areas in Utah. I'm from Lubbock, TX. I moved here a year ago from Albuquerque, NM. I started my real estate career in multi-family in ...
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hi everyone, i would like tell everyone that we are all real estate investors. we work at our jobs very hard to save enough money to get into real estate and try to make some decent money, to be able to get out of ...
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Any ideas on how to best position your hard money offer to compete with cash offers? Ultimately...if you are pre-approved, the numbers work, and the lender can close super-fast there ought to be no material differenc...
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Hello BiggerPockets!!!First off, I'd like to say that this has been a long time coming, I've been lurking this forum for about half a year now and have been absorbing all of the knowledge I possibly can. It's been pai...
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is 65% LTV a reasonable starting point when trying to purchase a foreclosure. Can't seem to get banks to let go of their REO. Is there a different strategy I can employ?
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I'm trying to get some answers regarding what kind of bank account I can use for my rental property. I have an LLC so I'm wondering if I can use my personal checking for my business or if I'm required to have a busine...
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I am looking to take a leap of faith into a property. Does it sound like a solid choice to be a long term hold. It's in a class C neighborhood at best.Property has 7 units all rented with good history. Property is ...