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I have a deal under contract and quickly pulled the trigger with a hard money lender to get it fast. Now I am a little concerned with some things written pertaining to the hard money loan. Here is the list given to me...
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So I have a deal that I am evaluating. The owner just wants out of the property and wants what he owes on the mortgage. (35k) The property is worth about $65-70K fixed up. I need to put about $25k into repairs. I ca...
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Hey BP! I was wondering when you buy a note what is the avg. amount you can get in on. 50 cent on the dollar kind of ratio. I thank you guys in advance for any answers or feedback. Have a wonderful night :)
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Alright looking for some insights and opinions. I have a low price SFH LTR. I owe $84,000 on the mortgage. It currently cash flows $300 a month on a $1200 a month rent. Debating on what strategy to use as I try to gro...
Ok so I'm just trying to think in advance. So I just finished residency and signed an offer for a position to be making 330,00 a year. After taxes, insurance deductions etc Ill be taking home 190k a year. Now I signed...
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I was reading an article, and it all made sense and was easy to follow except when I got to this:"Usually in 2 weeks I get a buyer, and we make $5000 a house (sometimes I take a note on maybe 20% to 33% of the down pa...
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Hey Everyone,Ive unmerged a parcel of land to its previous 2 lots here in Salem NH. Years ago the town took parcels of land that one owner had and merged them with or without the owners permission. To make it easier f...
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I have two rentals, both acquired through house hacking. I live in Austin, TX. Market has been hot for years now. Although, I can still cash flow in some areas, my money is tied up in other investments and liquidit...
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Hi there!
I have not done a creative financing deal and am curious if this creative financing solution is even feasible.
Background - this is a 7 unit off market apt complex. The owner is open to a discussion on s...
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Hello guys,I have a first rental which was my home until i moved for work and rented it out. I took out a HELOC on it to rehab it for rental. Here is where I stand with the current property financing:(1) first mortgag...