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My name is Mark Fulop I am a mortgage correspondent lender/ underwriter with about 13 years of experience. The main reason why borrowers use a mortgage broker is to ensure that they attain funding from a reputable so...
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Hey BP Family, I'd love your insight on this.
I'm currently weighing two intriguing options: house-hacking a 4-plex or venturing into the realm of a mid-term rental with a single-family home or duplex, particularly f...
A few weeks ago I made a 155,000 offer on a house listed for 177,500.
It had a couple of problems, but would work for me, as either residence or rental. At that price, as a rental it would just pay for itself.
Anyway...
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I am member of a LLC (more than 1 member) that was formed in 2007 and we buy and sell residential property. I am getting ready to prepare tax form 1065 (and the related K-1 forms). We have bought & sold 2 proper...
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My husband and I have a renovation company and real estate investing group in the greater Chicago area and do pretty well. My brother lives in Orlando and is struggling financially. I have the idea to teach him wholes...
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Hello BP Community!What are your thoughts on buying something in high crime areas?There are some places around Newsburgh NY (one of the most dangerous cities) that can be have for very little. I don't want to leave th...
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Hi BP
Location, location, location .. ....How important is this to a long term buy and hold investor?
The market I invest in is a small one. I currently have 5 sfr. I'd say 1 is in an "a" neighborhood....
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Good Day BP, I need a second opinion. Would it be logical from me to borrow money from my 401K to purchase a home whether for myself or for rental purposes? Can this be done? Are there any other strategies you'd sugg...
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I just got married, we live in an RV currently by choice (On parents land), I make $70k currently but have to drop the job because we absolutely cannot stand Michigan weather any longer and want to live in KY,TN,NC, o...
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Hello Everyone,I am 25 years old and I have been living at home saving money since I graduated college in 2013. I am hoping that within the next year I will leap into the real estate market with the purchase of my fir...