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Hi everyone,I'm Brett Holmes from the Springfield / Ozark, MO area and I am new here on BP. I have been doing a lot of research and have started analyzing deals, but not quite ready to pull the trigger on anything ju...
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Thank you in advance for any advice! I'm looking to do my first investment deal and want to make sure I'm asking all the right questions going into this.Market: Northeastern PA - Scranton. The property is a renovat...
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Hello Bigger Pockets!
tl;dr — Do DSCR loans always include LTR rental comps for underwriting even when the target property is an STR in a predominantly STR market?
Context:I’m in the late stages of buying my first r...
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Sorry if this is a rookie question, I'm new to this. My husband and I are looking to take out a HELOC to buy a property out of state. It got me thinking: To get another property after that, would we have to take out a...
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I am planning to purchase a duplex (or triplex). I am now working with a lender to get pre-qualified for a loan. I wanted to find out what the real cost of a loan would be, so I am getting estimates. Well, what happ...
Hello BP, i re-read Rich Dad Poor Dad and just notice in the final chapter "Epilogue" he used a non-qualifying loan. But what i'm confuse is just what is loan is? It is Partially Seller Financing? Subject To? Or somet...
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I searched for Velocity Banking but did not get anything to return except for some lenders using that name. I just was introduced to this strategy this week and was curious if anyone has done it and what their experie...
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Hello BP! My wife and I are tired of talking about real estate investing and are ready to start. Unfortunately, we can't figure out the financial hurdle of our current situation and are seeking guidance. So here's the...
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As a former CPA and attorney who managed a distressed property investment fund, I've analyzed countless real estate opportunities. Today, I want to share why I've pivoted to developing container home senior communitie...
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I'm a in a great spot, yet somewhat stagnant. Like many others here I feel the market is pretty expensive right now and that a correction is near. I own a small house in Santa Barbara, CA that now has about .5 mil of...