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So a mentor of mine is arranging a meeting with a portfolio lender (small local bank) reference a deal I have in the works. This will be my first attempt at such financing. Everything I have done to date has been co...
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Hello BP Forums and Happy Friday! I'm looking to complete my first deal soon. Following many recommendations in the BP podcast, for a first time investor, it sounds like owner financing can often times be the best rou...
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Hello BP Community,
I am currently analyzing a potential duplex for purchase and I had a quick question about adding an extra bedroom and the extra rent that doing so could generate. One of the units is a 2bd/1bath ...
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Hello,
I’m a military member brand new to real estate. My question is regarding financing a deal. I’m considering utilizing an FHA 203k loan to purchase a single-family home for a house hack. Any suggestions or perso...
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Investment Info:
Single-family residence buy & hold investment in Spartanburg.
Purchase price: $65,000
Present "House Hack" of primary residence with roommates.
Mortgage is now paid off!
Wha...
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Hey BP,
I will be renting out the upper unit of my duplex that I am also living in. There is one water meter shared between units.
Am I able to charge a monthly set amount for water from the tenant? Or since it is o...
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So I have had many properties that I had put the typical 20% or 30% down on a 30 Year loan and had a Fixed payment with the bank. When I had extra money or a large commission I would always put large amounts to the p...
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When managing STRs with min 30 day stays how often are your cleaners cleaning the unit? Do you wait until they vacate or come in weekly, etc.?
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For a Conventional Loan, is there any reason why some one would not want to set up a True (Simple) Bi-Weekly payment structure? At least for a some one who is planning on holding the investment for a long time. S...
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I was wondering if anyone has any guidance on this and if it's as simple as I'm thinking. We've got a room in the back of our house that is unfinished and isn't currently counting towards our total sq footage. It used...