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How can people pay ever-increasing prices that exceed their income growth (buying or renting)? Why wouldn't they just build somewhere else? Before anyone hurls rocks at me!.. Here's the premise:
High-demand...
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In November 2023, Fannie Mae introduced a new policy allowing owner-occupant loans on 2-4 family homes with just 5% down, a significant change from the previous requirement of a minimum 15% down payment. One might thi...
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Change, change, change, everything will be different in the Obama administration….or will it?
Here are the appointments so far:
Transition Chief: John Podesta
Chief of Staff: Rahm Emanuel
Biden’s Chief of S...
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I have a property that was meant to be a fix and flip. The reno is done and it’s on the market. 510 Friendship rd, Waldoboro, MaineI think we’re coming up on 2 months and not a single offer. So I’d like to at least ex...
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Background - in 2006-2007 I owned a primary residence and 6 rentals. I did not study a lick and made every conceivable mistake that a newbie investor/landlord could make. I was over-leveraged, did no deep deal analyse...
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Hey BP! First post on here! Quick blurb about myself: I am active duty military, and starting to invest in real estate. I own 3 SFR, 2 of which are +cashflow longterm rentals. I like buy and hold of SFR and looking...
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Market is hot, getting cash offers that are way over what my property is worth. 2.5x what I bought it at. It is becoming harder to ignore. Would be about $200k profit from one property that I could use on 2-3 other p...
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I currently work as a union electrician in the DC area. On May 14, 2021 I was in a serious car accident resulting in several broken vertebrae and ribs. I am beginning to question my future in such a labor intensive po...
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Interest rates and high purchase prices are pushing a lot of people away from buying. Most are turning to renting, but is that the best move right now? Will House Hacking prove to be better than Renting over the span ...
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If you had $100,000, no debt, no investments and the knowledge you have now, what would you do with it???