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Hi all. My name is Mark and I currently live in the Southern California OC/Los Angeles area. I've recently been introduced to the world of real estate (as well as the bigger pockets community) and, as a result, have...
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Hello All,I'm looking into selling a condo and rolling the equity into a new investment SFR here in San Diego. The second phase of the plan is to build an ADU. I've reviewed the ADU rules on some of the different city...
Hi all,I'm new to this forum and have have a few questions I'd like to get your opinions on. Situation: I'm interested in purchasing a 2 bedroom apartment anywhere in the US, which I would rent out over many years.Fir...
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Newbie here in regards to 2nd lien notes. This came across my email and perk my interest. Property is in CAFMW: $430KSenior Lien UPB: $282,000. Current.2nd Lien UPB: $78K2nd Lien mortgage payment: $599.75No BK history...
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We all know about Cash Out REFIs or HELOCs used to purchase other RE assets. However, has anyone done either to balance out their portfolios LTVs? A recast would be the best mechanism to accomplish such. Cash-Out i...
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I have a 4 unit in Rogers Park/Edgewater boarder by Clark and Devon and have been finding a lot of success with airbnb. Normally the unit rents for $1300 its a small 2br thats roughly 500 sqft which I rehabbed with mo...
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We have several commercial loans for our portfolios. We are considering refinancing them now while rates are lower to increase our equity positions, lower our monthly payments, and reposition ourselves during this Pan...
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I'm working on purchasing my first investment property.
Do you think it's better to finance it for as long as possible to have a lower payment, OR finance for a shorter term to build up equity faster? TIA
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My go-to Lender in Columbus Ohio mentioned that while the Fed Funds rate will likely go up a bit more , Fed Fund rate and 30yr fix/10yr bond aren't directly in lockstep, so we may start top see downward trends!This is...
Is this doable?If seller is working with an agent?