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Hi,I'm relatively new to the idea of RE investing as I learnt stock returns could be fairly limited and to dont add to your net worth as quickly as RE does. I am absorbing as much as I can through podcasts and posts s...
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Hi BP community,Not sure if this is the right forum category to post about this topic since it is something only locals in LA could give advice for. So my client is buying a home with a garage unit that has been conve...
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Hello! I'm in the process of signing a contract for a multi-family in Houston. The property has 24 unit. I've been given 2 quotes from solid lawyers. 1) $3,500 flat-fee: Includes review of PSA, title and survey work, ...
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Hello all, we are in the process of converting our downtown Seattle condo to an STR as we move out of the city. It's a two bedroom and we are wondering if changing our current sectional sofa to a pullout sleeper sect...
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I started out looking for investment properties that the owner will finance. I have found a few properties that the owner will allow an me to assume the mortgage, I will give a down payment, and they will owner financ...
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I often see this as a nono. Of course, tons of people like to use their cashout refinance money for a new car or a big home renovation.
What about using cashout refi money to pay for everyday living expenses? You'd h...
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I'm interested to learn how people on these forums handle property management, labor, and any other expenses that you perform yourself.
Do you assign a value to your time and if so, is it market rate or do you use a...
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If I am renovating a home using a 203k loan and the renovation takes 5 months, does that 5 months count toward the 1 year primary home minimum even though I’m not staying there technically due to the renovations? Also...
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Any broker able to do loans in SC, that have worked with lease options? Looking to find someone who can apply consideration money as a down payment if/when a buyer goes to get a conventional loan.
I currently own a home but would like to purchase a duplex and rent out my house. When looking at financing, would I be able to include the potential rent from my home as income? Would I need it to be rented prior to ...