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Hey all, so i have a weird situation for you guys: So my coworker owns a property out of state and wants to move to california. He has the property paid off approx. 83% (25/30) not exactly if you account for amortizat...
I am very new at Real Estate investing and have some questions. First off I have 7k in savings and I found an REO property listed for 70k. My question is should I save 20% for down pmnt and get a conventional mortgage...
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Hey everyone!
I am trying to buy two triplexes (must be bought together), and the seller is open to owner-carry back.
The seller would like 20% down, however I can't do more than 10% down.
I would like t...
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Where do a person score need to be to purchase a Rehab, and how much money do you need to have a closing and how many can you purchase at one time, and is it true that as you fix up the property the lender will give y...
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Just wanted to post a brief success story that hopefully will help someone else out. I purchased a foreclosed home with my brother last year for $52k that needed just about everything. We went in as partners and that ...
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Hello! I’m looking for some recommendations on an opportunity I have. Here’s the details:Potential Purchase Price: $95kEstimated Rehab: $10-15kARV: $135kCurrent Rent: $800 - well below market. Could be increased to $1...
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New investor here trying to orchestrate my very first deal and need to do a renters analysis. What is the difference between Cash on Cash rate & Cap Rate? All advice much appreciated, thank you in advance
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Hello All!
I was wondering if you could help answer this question...or guide me to a forum that can help me....as I cannot find it on your website. I am planning on buying a Multifamily 2 unit house as an investm...
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Hello Everyone,I was wondering when it comes to a 1031 exchange, can I take the money from the 1031 and use it to pay off my mortgage on my primary residence and then take the rest and buy another property?Someone men...
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Hello, I'm looking to get into my first deal and I think Multi-family near my house would be the best way to start. I have developed a friendship with the contractor I'm using for work on my primary residence and he b...