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Hi - I am in the middle of closing a commercial property. The broker that I used initially quoted an appraisal of 650, which I paid. A few days later the broker said the mortgage company is asking for 2500. I am a lit...
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Writing for some clarification on how the 1031 actually works — plan to use it for the first time in the coming weeks. Let’s say I’m selling a property for $200k, with roughly half as proceeds and the other half going...
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How do you know if there are too many rentals in your area?
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Hello, I was wondering what’s a good amount of money to have on hand to use as a down payment to start my investing journey. I can’t house hack and am looking towards SFR, either a brrrr or turnkey. Depending on how m...
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So Im a new landlord and I’m generating a brand new lease agreement but have no idea what “Hold Over Amount” means in the contract? Could someone please explain. Thanks!
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Property Insurance on a duplexLet me get to the point:I've been focused on getting this deal closed and did so yesterday. Two duplexes purchased for total price of $200,000. ($100k each in one deal)I am going to do s...
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looked at a home that requires a lot of work. maybe around 25k worth of work.
the current asking price is 69k, but it's been 69 for over a year.
it would be a steal to get it for around 42, but my mortgage guy said...
Hello,I am about to place an offer on a Short Sale that needs a lot of work (butterflies in my stomach) I obtained bids to get the work done and my realtor will submit them with the offer. There have been several low ...
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Hello BP community,
Any advice regarding amount to ask for pet deposit?
SFH, $1350/mo, tenant will have 2 cats, we will keep one month's rent as security.
let's assume credit/background/refs are good.
Appreciate...
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How much should you give a seller for "Option Consideration"? Some legal sources state that it takes only $1.Some guru's say you don't need any money and some say they give the seller $100.What do you give the seller ...