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Just heard about a friend of a friend who is using a HELOC with the intention of paying off his home quickly. The basic idea is that you use a HELOC to pay off your original mortgage. Then instead of having your free ...
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So I have been running my cash flow in Houston area for both SFH and multi's. I am pretty comfortable calculating the monthly cash flow, Cash ROI/CoC, cap rate and etc. I am seeing some good cash flow and some bad one...
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Curious the difference between hard money vs private money lenders? Could someone please explain to me and let me know the pros and cons of each?Thank You!Ben Scarborough
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Hey guys,I just recently discovered biggerpocktes and I am very excited to start investing in real estate. I think I will want to be a buy and hold guy with an interest in multifamily properties. I bought my first pro...
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I am having a very tough time finding good rental properties to buy. Not just in my expensive area, but everywhere. It seems like after you do a proper analysis, the potential costs/expenses are so high, almost nothin...
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Hello all,
Ive been creeping on this forum for about 4 months now and decided to finally make an account today. I'm 36, I've own a primary for about 8 years now in California (Los Angeles county) and i recently (2021...
Bought the house as a short sale at 260k and it recently got appraised for 320k, Mortgage is $1692. House was built in 84 and is in great shape with new carpets upstairs. My only concern is my ac unit is from 84 and s...
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A SFR is selling for $315k that a person plans on purchasing as an investment property. The individual is required to make an investment down payment of $63k (20%). Additional expenses include: $600 yearly insurance, ...
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Hi there,I’ve been reading various posts on this site and like the honest opinions that exist here. Too many real estate sites are fluff with no numbers or sense to back up opinions. I’m looking for some strategic adv...