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Greetings Bigger Pockets community!
After waiting and waiting for someone to spearhead a local investor meetup in the Fort Hood/Killeen area, I've finally decided to grab the bull by the horns and organize one myself...
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Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...
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Being that there are many more wrong ways to accomplish a given task than there are right ways I thought a thread covering some of the "donts" might be useful for those just getting their feet wet in repairs and renov...
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General question.I frequently read posts wherein a wholesaler, birddog, or similar, talks about finding buyers, finding sellers, connecting them, and this sort of thing. And the questions are invariably about what con...
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Just wondering, does anyone on BP make money from RE, but actually acknowledge the simple points outlined in this site:https://www.caare.org/The site clearly and concisely absolutely exposes all of the worst things ab...
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BP Community,I live in the Denver Metro city of Centennial, Colorado. It boggles my mind how many contractors come to do a site walkthrough, promise to provide an estimate within a few business days, and never send i...
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Hello BP Community! Active Duty Army Engineer about to retire after 22 year of service. Pursuing REI fulltime now, about to close our first syndication -- 41-unit Senior apartment complex in Iowa, PP $3.7M, raised $80...
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Hello BP, I am new to this site and I see that a lot of people are eager to get started with buying properties for all kinds of reasons. There seems to be a lot of interest in Tampa for rentals. I consider Tampa to be...
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My investment is just beginning and I'm evaluating against two strategies: SFR vs syndication investing. While cashflow early on from SFR seems minimal the goal is ultimately to build long term wealth. One of the k...
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Warning - this may be a long post - I will try to section it off. I have an on/off relationship with RE as I've always been drawn to it and always screwed it up - and then listened to those in my life who told me tha...