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The anxiety of starting: Many aspiring real estate investors suffer with worry and uncertainty when they first embark on their adventure. The idea is to act now rather than wait until you are completely prepared. Buil...
Hi guys, I've just got a couple of questions for you on portfolio loans:
1) Can you fold rehab costs into the loan?
2) How are closing costs paid, can they be rolled in?
3) Does each property get assigned an "origina...
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Happy New Year BP! We have two rentals locally and are looking into new markets since our local market is higher priced vs rents.My question is, can we write off (for taxes) the cost (or some of the cost) of travelin...
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Hello Bigger Pockets Friends!I'm working on my first subdivide and could use any advice and suggested resources. This is an ideal scenario where the land owner is a family friend so they're willing to work with me. It...
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This is my first post although I've been enjoying the discussions and learning. Hope this is in the right forum.
I purchased a rundown, duplexed 1850s house in a rough area of downtown Charleston for my small...
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So I have a house under contract that has an unfinished addition to it. The addition is roughly 600 SF and has been dried in already. It is still at the studs and will need insulation, electrical and drywall completed...
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Generally speaking, I've stayed away from properties that have ANY flood zone boundaries going through them. With our geography here being in a valley AND with FEMA recently redrawing the maps to be WAY more conserva...
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We always talk about putting money aside for things like vacancies, CapEx, repairs, property management and such. I would love to hear the different opinions on what people are actually doing with said funds. I can se...
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I'm looking to put an offer where the owner wants to stay for 2 months after closing so they can have the money for a down payment and time to buy another place.
This is an investment property that I plan to live in ...
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Me and my wife ar gearing up to buy first rental property, looking to buy in July/August and based in Minneapolis, MN.Any cons to using the 203k Loan? Is there a typical time/length of project?Familiar with FHA loan b...