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Hi BP-ers!Recently my REIA hosted a speaker from a firm who write self-directed IRAs. This seems like a valuable tool for investors but when I spoke to my accountant about it she said they could only be opened by indi...
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Hey guys thanks in advance for anyone who reply's :)My question is - if i buy a property lets say its worth today 100k with a 75k mortgage, and the market crashes next year, and the property is now worth 75k. Will i b...
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Context: I have bad credit. My fiancée has good credit. I have proof of income. She doesn’t work. We have 20k in savings, we’re ready to buy. Question: What would you do? How would you actually go about making this ha...
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Hi everyone,I just stumbled onto this website today via a couple of Youtube videos from the site. My family of 7 is supported by my full time graphic design job which (when you factor in the hours commuting) has me g...
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Hey guys!! Rookie question here. Can someone give me a breakdown of the 50% rule using this example? I have already calculated it myself, I just want to be sure I am doing it correctly.
Purchase price- $75k
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Hello,
I'm new to the investment property game. I'm just so sick and tired of sitting in my home office every day, staring at my computer screen, sitting on Zoom calls, and so I've been listening to more and more Big...
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I want to start by going over the benefits of investing in real estate. Then I’m going to go over the common pitfalls real estate investors face. And finally, I’m going to demonstrate how leveraging cash value life ...
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Hello,I'm currently doing due diligence on a non-performing junior lien that has gone unpaid for about 5 years. I know the unpaid principal balance, interest rate, and monthly payment but the arrearages and payoff amo...