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Hi all,I'm 19 years old and I have never had a credit card in my life, and I don't feel the need to get one any time soon. However, I want to eventually qualify for loans so I can start investing. Though no credit car...
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So, there are obviously a swarm of different lending companies out there, all of which seem to have varying points, terms, and interest rates. As I have been exploring private lending, hard money, and conventional lo...
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Okay, so I'm trying to do a cash out refi. I've talked to several lenders, and apparently a middle score of 700 is a big cut off point. One mortgage broker told me the difference between having a 701 score and a 699...
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Hi All, I'm planning to do a live in flip sometime in early 2017, probably around April or May if all goes well. I'll be looking to buy a distressed property in the $60,000 - $90,000, and should have roughly $25,000 o...
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what would you spend it on?
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Many people feel you should be debt free before buying an investment property, while I feel if numbers are right that investment property can help you pay off the debt although theres definitely risk. What do you all ...
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Hi BP Community,Ive been looking into purchasing a 4 unit using the FHA loan. Before getting prequalified, would it better my chances to pay my credit card/ loans down? or does that even matter. I wanted to jump into ...
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Hello all, I am just starting out in this real estate investing business and I need advice from like-minded individuals. I went to one of those "guru" classes last August and ended up purchasing a course package. Befo...
Starting out with nothing is not easy. Luckily - this week on the BiggerPockets Podcast we are talking with husband and wife team Glenn and Amber Schworm, who have successfully done just this and scaled their real est...
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👉 Debt to buy assets is completely different from credit card debt (bad debt).
Leverage (when used correctly) is a powerful way to build wealth.
Here's how:
1. We buy an apartment complex.
2. The bank contribu...