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Hello, I would like to purchase a duplex using a FHA loan to house hack in Charleston, SC. I currently own a duplex in upstate NY that I bought 2 years ago using a conventional 20% down loan that I briefly lived in bu...
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Hi All, I am new to multi-family investing, is it advisable to do the first deal on a LIHTC (Low Income Housing Tax Credits) apartment complex? What are the pros and cons? Do we need to pay fewer property taxes if we...
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I've listened to a number of BP Rookie ('regular') podcast episodes about how people with low income have been able to acquire properties. Many podcast guests state that they use conventional financing to purchase th...
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Saw FNMA article this morning. "Fannie Mae will buy 97% LTV mortgages"You must be joking. [looks to see if this is an Onion article]...I wish I were joking.Haven't we been here and done this? This didn't end well the ...
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I'm generally a buy and hold investor, but a few of our properties have appreciated significantly over the years and have significant equity locked up. None of the 10+ banks I've contacted want to cash out refi unfort...
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Hi all,I went from W2 to independent contractor in April, and the lender's mortgage requirements are derailing my RE investment plans.After watching the BP YT episode with David G. and Christian from The One Brokerage...
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Since I get almost daily messages regarding small multi-family opportunities in Charlotte and find myself repeating much of the same information on the phone during intro calls, I figured I would go ahead and put my e...
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Hello BP community,Thanks in advance for your help! Hypothetical scenario; I live in California, I am buying a property with a few of my friends/partners who also live in California. The property we are buying is loca...
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Boom and busts in real estate. Some investors try to anticipate them, some ignore them. There have been numerous books written by people claiming to have the “magic” formula to sniff out future values. Uh huh. I’v...
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Hello everyone, I started buying real state about 5 years ago and I have never called my self an investor but thats what I want to be. We have 3 properties that we are renting out plus our private property. Now we a...