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Hello everyone, This is Steve and I have no experience investing in real estate. I Retired from Law Enforcement in Nov of 2014 but I took the retirement in a lump sum payment and put the money in a money market accoun...
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Hello, I am currently saving for my first house hack and want to figure out how I can begin to get involved in real estate as soon as possible. The market where I currently live is super expensive as most of Californi...
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One year ago, I purchased a property for $550k and signed a tenant to a 10 year lease. The proprietor was a coffee shop/bookstore that was operating down the street. They wanted to expand as well as offer food and a...
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We will be looking to secure a traditional mortgage on investment property in a few minutes. Just wondering if it makes a difference on where we are keeping our available funds. We have a business checking account i...
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Talked to Penfed but they said their minimum heloc is 25k, my rental came in at a possible 15k. Do you guys know of any institutions that can go that lower?
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since selling my primary and using profits to invest… we’ve acquired (since sold) a few rentals, done a dozen flips, and bought commercial properties all in the last year. I have used hard money loans mixed with my o...
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Yes..and no. Per Statute 494 which governs mortgage lending, an exception is granted to those who lend THEIR OWN money. So--can you lend OPM and stay within the law?My interpretation is YES--provided you lend the mone...
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Ok, so so I've started my wholesale business in August and have generated a good amount of leads but have yet to close on a deal. And at the moment my marketing budget is very low so my leads haven't been coming in...
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New investors or people who are getting into the game ask me
"Is flipping properties still a good business now?"
It will always be a good business if you get the deal at the right price. Your profit is made on ...
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Hello my fellow investors,I'd like to ask your opinion regarding bank accounts. At which stage do you guys think I should open a business bank account? My plan is to flip houses and wholesale deals. I am in the earlie...