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Hey guys, obviously I'm new to REI and trying to understand REI vs investing in the stock market. I have been focusing on SFR to buy and hold and I don't see the returns I do in my stock market portfolio (up 24% YTD)....
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I want to buy my next investment. Looking for advice on way forward. Here is the skinny: - I have one rental property (VA loan)- took out a Heloc to buy my second property - I live in the second property (VA loan also...
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I am first time looking to buy a residential condo in Orenco station area Hillsboro for $290K, which rents for $1700. But when i put in the numbers, the online calculator shows negative cash flow. I was thinking that ...
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I have a single family rental under contract. During the inspection period, I had an electrician look at the home because it has aluminum wiring. He said it wasn’t up to code and potentially hazardous due to improper ...
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Hi there, I'm a 'newb' from Los Angeles, CA and I have a quick question for all of you out there. Here are the stats on a hypothetical Flip deal:Cost: $125K Sale Price: $220K Rehab total: $40K I'm planning on putting ...
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We purschsed a triplex with an existing tenant in one of the homes. Her lease ends in Late January. We need to repair the siding, paint the home and replace her windows. This project will take 2-3 weeks. We will only ...
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Hi Folks!After a long career in the IT industry I am focusing my attention on real estate investing. However, I'm challenged with trying to make the right decision on the first property so that I can maximize what li...
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I took out a hard money loan for a rehab project. Purchase price was $51,000 and the rehab escrow was $60,000. I've worked with this lender before and the fee is always 5 points plus $2500 with 1% of the loan to be...
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Bought first condo on east side of Oahu on a no money down 5/5 arm loan 2.5 years ago. Condos value has increased significantly for a short amount of time.
Financed loan for $379000
Balance is now 360000
Current co...
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It is now day 90 of me trying to buy my first investment property. I'm so FRUSTRATED with my mortgage company I just needed to vent and hopefully someone can tell me to just hang in there and it will be alright.
The ...