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Hi everyone!
I am new to the BP community but was hoping someone could try to walk me through a couple of things in regards to a HELOC.
I recently was approved for 40k on a HELOC for my primary residence. I was want...
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Like a lot of newbies here, I was surprised to find that operating expenses run about 50% of your rent collections. My question is, what do you do with all that money. Obviosuly you are not spending hundreds of dolla...
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I recently got the idea to go exempt all year on my W2 job and pay no state or federal tax. Save all that extra money & then use that extra income to buy a duplex. Using the cash flow from the duplex to pay back t...
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Hello everyone,Newbie here trying to get some options on where to store money during the accumulation phase for a down payment on a home. I have some funds planted in an S&P 500 fund but with my horizon being ear...
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Good evening, I'm in the middle of purchasing a 2 family property for $274k here Central Jersey. I believe I can get a total of $3,300 total rental income. I'm talking to my lender about locking in my interest rate. M...
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Hello, BiggerPockets community,
I'm reaching out to gather your insights on the most prudent investment strategy given the current market conditions. With $20k in savings and an additional $4k monthly saving rate, I'...
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Hello Community, Im Alex , 28 yrs old I wanted to know what can I do with invest in real estate and create cashflow with 20k. I have no personal debt to speak of and I don't know what to do with this money I have been...
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Hi Bigger Pockets, I am a new investor in Los Angeles. I have a multi unit under contract and have skin in the game, after that I will be short on cash flow. I would love to know what step two would be for creating ca...
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When I was 18 I decided real estate was the vehicle to wealth I would dedicate all my time into mastering. Over the next 4 years I took baby step after baby step with no pay day in RE knowing, I was building my trampo...
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I am new to investing and would like to know how some of you find financing. For fix and flips, do you have to have your own savings for things like earnest money and down payment? Or can you use a hard money lender t...