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I am looking to acquire a $500k 6 unit apartment building. One of the options to purchase the property it through owner financing ($2,300-$2,400 per month for 20 years 0% loan). If I purchase the apartment building us...
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Hi, everyone. My husband and I are new to this site but couldn't be more impressed with what we've seen so far. We are first in line for a deal with plenty of potential but have since learned that funding will be...
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I just closed on my ugliest transaction. Ugly because the listing agent did not supply the documents and information we had requested in the inspection resolution, and when I called to ask for them and tell her we wou...
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Hi fellow investors!I am looking to add a 2nd investment property to my portfolio but I have no cash to do so. I have spoken to lenders about traditional financing and also DSCR loans. I have heard about doing deals w...
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In casual conversation with my dentist the other day I mentioned that I was looking for someone who needed to sell their house so that I could flip it. My dentist told me he is that person. He is going through a nasty...
Hi everyone,I'm wondering. When you speak with sellers, should you build rapport with every seller, even the ones who aren't motivated?Or should you just stop talking to sellers when you find out they aren't motivated...
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Morning BP community, I have an offer accepted on a duplex (built in 1905, $150k, $700/mo cashflow, 2 - 2nd/1bath, total of 2300 sq. ft. and rented out), and the inspection report has left me on the fence. Do I ask fo...
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Hey all,
We are scheduled to close tomorrow on the sale of a property we rehabbed (woo-hoo!). This is my first rehab, and we will make a decent profit (again, woo-hoo!) ... however, the profit is nothing close to wha...
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I secret shopped my competition to see what I can be doing better. I called 6 companies in St. Louis to see how they handled my call. What their offers were. As well as general quality. (Full report on my blog) What I...
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Hello, everyone. Looking for some advice if this seems normal for closing costs on this piece of Land my wife and I are trying to buy. The closing costs seem to be astronomical for the cost of the property. Thank you.