For those in the group who are using HELOC's to subsidize REI and rehab potion, your going to need a new strategy.
BTW- Mr. Mortgage with the IMPLODE O METER and his famous u-tube whistle blower type video's is becom...
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How much money did u have saved staring out? Did u have a primary and bought ur first flipper/rental with cash? Did u get a second mortgage for an investment property with a heavy down payment? Would you try to bor...
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Hello all, I am Ryan and I am new to REI, but have been a sponge to bigger pockets for about a month now. I have been soaking every podcast, key word alert, and forum up. I have a genuine passion for real estate an...
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My wife and moved out of our primary residence a little over a year ago. We got it rent ready (new carpet, paint, replaced the last of the white appliances with stainless, LVP downstairs...). After our first tenants...
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My husband and I currently live in a suburb of Austin, TX. We bought a new house to move into in December 2020. We planned on remodeling the house (it was extremely dated), moving in when the remodeling was done in th...
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Hey, all.
I am under contract for $165,000, and the appraisal just came back at $178,000 (you CAN still find deals, people!). I am purchasing as an investment property and putting 15% down, so I have a $50 PMI paymen...
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I am buying an investment property from a family member for the $125k that they owe on it. The house appraises for $160k so I'm getting a $30k gift of equity to use as a down payment.
The lender is telling me that...
I've looked at some other posts in regard to making this decision, and have determined that every case is different. I'm just going to throw some numbers out there and see what opinions I get from all you smart pe...
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A friend is doing some REI in Pittburgh PA.
She said she found a guy who has these "penny foreclosures" where he sells them to her for anywhere from 13,000 to 21,000. Since she doesn't have cash to pay for them, he ...
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01/30/13
Hi BPF,
I have a question regarding making phone offers on SFR's.
I found a house here in Hou-Tx area. I sent the OFR a postcard. Got a response. I found out the owner is interested in possibly selling the...