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Do all hard money lenders require a reserve? I've just started talking with a hard money lender and they want at least 20K in reserves before moving forward. They claim it's standard. My credit is good, my debt-to-...
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So my parents bought a condo at a really good deal because they used their home equity line to buy cash. They have been trying to get a cash out refi so they can get most the home equity line back. reason is the intre...
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Hello RE investors in Phoenix ! I was thinking about buying an investment property in tempe, probably near 85281. the idea is to rent it out to ASU students. My budget is about 100k to 150K, so probably a condo. I am ...
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I’ve been searching for my first BRRRR deal for about 70 days now. I’ve utilized some realtors as well as some wholesalers, also looking myself. I’m also looking in a few other markers besides Naples Florida where I ...
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Hi all! I am based in NYC and looking to purchase a primary residence Condo in Manhattan. Has anyone successfully done a purchase with 20% down, 80% financing where the buyer only puts down 10% cash, the other 10% is ...
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We are in the middle of a 1031X. My husband and I were on the title and loan for the relinquished property. Do we both have to be on the title AND loan for the relinquished property? or can we be both on title and onl...
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I have a house that I did a subject 2 on and I have a deed but I have not filed it and she will not list the house until I file the deed, why is this? One thing I have learned in RE investing is sometimes it is better...
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Hey There, I'm new to Bigger Pockets and am so excited. I feel like I have found a tribe in the wilderness. This my first post! When the pandemic hit..I flipped half of my short-term rentals into work from home rent...
The Tenant Phase by Nancy NevilleTHE FIRST MONTH (THE HAPPY PHASE) During the first month of a rental period, the tenant is happy. They wanted the home, they got the home and everything is fine. THEY ARE VERY HAPPY! Y...
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Hello, I have been trying to run numbers in Greater Seattle market and the CAP rate is barely 2%. What am I missing or is it that this market is way too expensive for buy and hold strategy. I have found a property on ...