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I own a 6-unit building free and clear. I bought and did a gut rehab about 10 years ago. I want to take cash out to make minor repairs and consolidate debt in advance of selling the property before end of year. Would ...
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What are the biggest things to watch out for and think about when dealing with a private money lender? Also legal quirks that I may encounter by doing this?
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Looking to purchase my first house hacking deal in Southern Oregon thanks to the encouragement from this podcast and community!! The properties I've found have both units already rented under existing leases. Does any...
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Hi all. My wife and I used to live in Pierce County years ago when I was stationed at McChord, and we’ve briefly talked about moving back, buying a small piece of land down in Thurston County around the Yelm/Rainer/O...
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In my area, some listings for condos are sold individually stating they are coops. I am looking at a 4-unit building in the near future, (each having 2 beds/1bath) but I have seen that some listings state that the bui...
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I have an international applicant.They don't have a social security, but they have a TAX ID,How do I screen for this?
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Hey BP family, I've been following BP since about 2018 and after all the analysis paralysis I've finally acted and bought my first duplex. I currently am in the middle of renovating it and hoping to get a tenant in by...
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Hi All! I am working on a subto deal where we would take over the first mortgage on a ST rental property but would need a lender to finance the equity on the house. Is this possible? I spoke with my lender who obviou...
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So interest rates are tanking so I was about to refinance and take cashout from some properties.But, speaking with my accountant, I found out that interest on the refi will not be tax deductible because I am not plann...
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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 :)