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Hello BP! My wife and I will be closing on our very first property next week. It's a 4 plex in the New Orleans (Metairie/Old Jefferson) area that we will be Owner Occupying. Currently all 4 units are rented. 2 are on ...
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I have a plan to build out a duplex community, 6 duplexes (12 units) on 1 acre of land that cannot be subdivided. The original idea had been to subdivide the land and build 3 quad-plexes but I met with the city and th...
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Hello everyone,
I have a long and complicated problem. Here is the basics:
I'm in the process of closing on an investment property with a friend of mine in Columbus, OH, and we attempted to use conventional lending. M...
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Can you get more than one prequalification letter for a loan from a lender? How do you shop around for a good lender for a prequalification letter. I want to work with someone that will explain to me all the detai...
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JV proposal received:Regarding the pkg of 51:Here's some answers to your questions AND some additional comments....Time frame to re-sell....I would like to have half of them sold within the first 3 months after we bou...
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Hey everybody, I'm happy to have found and joined this community! Im 20 I moved here last March from New Hampshire, hoping to get involved in the green rush. Things are awesome up here, living right on the coast here...
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Hey guys. Me and my fiancé decided we liked Seattle enough to stay and buy a house. Our plan is to buy a SFH with a MIL or potential for MIL, house hack and live in the smaller unit and repeat. We want to buy and hold...
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House Flipping Basics for BeginnersHouse flipping is not for the faint-hearted. It requires a ton of motivation and dedication to generate a successful outcome. If you are a new investor, the common question you may h...
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I have been a flooring installer since 2000. I was a contactor from 2004 until 2018. In that time I worked primarily in residential but transitioned to commercial. I am still active in residential and am the "go to" g...
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My question is pretty basic. What are the main reasons why investing directly in real estate is a better idea than just investing in REITs.My understanding is that the rate of return on REITs is generally higher than...