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So my wife is on board with using rental properties as a way for us to achieve financial freedom, and a year ago we bought our first duplex. But I'm having some trouble getting her to understand some of the expenses i...
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I am looking to get a rental property that cost 150k, putting 25% down. Using a 30 year fixed, I can either pay an interest rate of 4.5%, or I can pay 2 points and get a rate of 3.85%. Is it worth it to pay the points...
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I'm interested in learning more about the foreclosure auction process for a specific property in California and had a few questions (well I have many, but I'll start with a few). Appreciate any responses.Here's some b...
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I have been offered a free property ($1) in a very rough part of Philadelphia. The property is a boarded up shell. I'm trying to figure out what risks I run if I purchase this and sit on it for the foreseeable future....
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Hey Everyone,I have been actively on the house search for just over 2 months now. We've made 10 offers on flip properties, but have been beat out by higher bidders each time. One good thing: my wife and I are being ve...
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All,
First post for me but from what I have read thus far, this forum is great.
I live and work in Massachusetts in the Financial Service industry and have amounted a small (>100k) in cash over the last couple of ...
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Hello!Does it make sense to use the appreciation gained from our current rental properties to pay down our primary residence mortgage? We currently cash flow about $600/month on 2 rental properties. However, if we w...
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Here's a situation that I have recently been presented with. I spoke to a private lender that's willing to do 65% LTV on residential or commercial with no credit check. I asked this private investor if he would allo...
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Thank you Bigger Pockets community, my name is Michael Pison. I am an Occupational Therapy Assistant and my goal is to create cashflow through rental properties here in LA county and possibly Nevada and Arizona. I a...
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Greetings, I am new to the real estate realm and currently working on my pre-approval. I've been working with a mortgage broker but I'm unsure if he's being 100% honest with me, based on the information he is giving m...