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Hi Austinites,I am 40 and finally at the stage of my life where i want to buy SF homes to diversify my savings. I have a large chunk of money (mid 6 figures) sitting in cash. I bought a condo last year and since it ...
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I'm analyzing a potential first deal- spreadsheet below. It is a 2-family located in MA. I'm assuming I would need to put 25% down on the purchase price. To get the rents, I used rentometer.com and then scaled down...
Hello all, I am a newbie to Bigger Pockets and also to REI as well! I'm originally from
Syracuse, NY and moved to Rochester, NY about 3 years ago! I have a great boyfriend of 5 years whom I can credit for putting REI ...
I acknowledge that everyone's time is very valuable so I will thank you in advance for reading through my post/ question and I especially thank you if you have any knowledge to help settle my questions.
In my local a...
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I started in residential Real Estate sales following graduating from college. That was 2004 just as the market was getting hot. I dabbled in flipping properties and made some good money. Following the downturn I chose...
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I am considering the use of a home equity line of credit in the future.I do own a home, but am hesitant to take out an equity line of credit on it because it is our primary residence. I do intend to leverage the equit...
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I am excited today to submit an offer on a Fannie Mae property. Its an attached twin sfh 3 bed 2.5 bath approx. 1450 sq feet. Approx 22 years old. List price was $99k, I offered $73k all cash , settle in 21 days, and ...
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Hi everyone,I started as an accidental landlord and now own two rentals in the Fort Worth/Arlington area. I'm looking for more active income and want to flip my first house, but I'm concerned about financing with har...
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Some will undoubtedly think I'm crazy, but I invite B&H investors who owns 5+ SFH to give their inputs on my thoughts about forgoing property insurance on my 3 SFHs. Here's why I'm thinking of forgoing property i...
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We recently closed on our fifth property. For those interested, here is the story and numbers. I would love to hear your thoughts and advice regarding whether to flip or rent.Acquisition:The property is in the same ne...