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I met with a broker last night who buys wholsale homes. We sat down and he mentioned lease option is a great way to start my investing career. He said i could pay rent per month for a year and fix the house up while ...
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So, I was having an interesting discussion recently with someone and we have differing opinions. It got me thinking and I thought I'd pose the overall question to the collective brain-trust here on BP. So...When you'r...
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I am financing my first flip with my own money. I took out a Loan on my 401k and paying myself 6.5 interest. I also took out a Heloc on my home at 4.5 interest. I also have a 14 month zero interest Credit card to buy ...
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I understand the overall concept, but can some of you that have more experience give me some advice / guidance on what to do during this process.
I have my authorization from the owners.
I faxed it over.
The property...
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Have found a property that meets my area economic criteria, net population increase, strong employment growth, slowdown in building permits, higher than average income. Would appreciate any advice on the below num...
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Lets start this with saying I had a nightmare tenant Constantly late and finally in January 2020 she was was an entire month behind. Lost job... etc. I served noticed to get the ball rolling but was willing to work...
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i have found a home in homestead Fl. i have been approved for a 3.5% FHA loan.I had made acash depositof $3000 back on May 28th. it was disallowed for use as down payment/closing but i don't have my loan docs yet and ...
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I'm under contract for a strip mall and expect to close this week. This is my first commercial property, but I have been managing residential tenants for almost 13 years. I've examined the leases and it's clear that...
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I recently purchased a duplex for $450,000 with 20% down. However I pulled $50,000 out of a 401k loan with a 10.5% interest rate to be part of the $90,000 down payment. The 10.5% interest on the 401k loan is likely hi...
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I'm looking at a 4-family in a town where I have other properties where I did not know what numbers to run. Those were mistakes but I live in one, so I can live with that, so to speak. I am not eager to make the same ...