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Newbie Alert! I have found a deal and am in negotiations. We plan on using hard money to purchase and rehab. Once we have bought, rehabbed, and rented the property, what happens if we can't refinance? Lenders/Banks...
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Hello, I’m a newbie from Massachusetts just getting started. I’m considering a loan on a personal property that would require PMI.In doing some research, I came across an article that said 1 reason to avoid PMI is tha...
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I am a new Real Estate Investor in the South Central Wisconsin region. I am looking to purchase my first rental home but I am having a problem with finding properties.The properties that I am looking at either do not ...
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We were able to tap into the equity of a few of our rental properties. The idea is to just keep buying but we’re thinking if we should start rehabs and flips. Small LLC with under 10 units just looking to maximize the...
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Hello Friends,Want to know your advise about renting to someone who is a single Hispanic mother with 3 kids. I have 2 questions:1. The mother has an ITIN (issued in 2010) and does not have a Social, but has a 18 year...
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A bit of personal background. I am currently residing in southern NJ, just over the bridge of Philadelphia. I work a typical 9-5 corporate job. I am very new to real estate, just a couple of month. My rental apartment...
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Since I signed up for my BP membership, I have been pretty diligent about trying to evaluate at least a few properties every day. Originally, just to get reps in I was utilizing the rental calculator for everything j...
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I know many on BP have voiced concerns over deflation and/or eventual "hyperinflation". I myself am more worried about stagflation.
I am looking at commercial MH investment properties, one 6 unit and one 8 unit. They...
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Hey everyone! I’m looking to get started on my real estate investing journey and am having trouble deciding which route to go. I currently live and rent in San Diego and would very much like to try to lockdown a prope...
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For example. Lets say you have a $100k house with a $90k first and a $10k 2nd mortgage. Borrower has an 800 FICO. The 2nd is at 10% interest only, balloon in 5 years. How much would a fresh note like that be wort...