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First off a few notes:1. My area would be considered remote by most (the closest town with over 15,000 people is 80 miles).2. My area is considered low income, as most folks work for less than $15 per hour at the Lumb...
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So I'm new to investing and plan on purchasing a house then converting into a rental after a year or two. I am just wondering why cash flow is so important, when there is still the loan pay down and appreciation as a ...
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My wife and I bought our first house, as our primary residence, and have planned on doing much of the repair ourselves. First order of business has been the bathrooms in the house. Before we even moved in, I had to ...
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hello all, I currently have a 30 year fixed 3.0 rate on my primary SFH residence. Paying about 1250 a month. I have close too 200k in equity. Would it be smart to do a VA cash out refinance to a 30yr 3.8 rate and pay ...
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Greetings, thank you for your time and attention. I'm coming here with humility to ask for your perspective because I don't have any. I'm giving you my questions first just in case you don't want to read the whole po...
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Finally closed on my first sub $30k property. This is my first investment since joining BP and 2nd overall. Some quick numbers:Purchase price $19kMonthly rent: $715Cash flow: $330@Travis BeehlerI was inspired by @Trav...
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My lease is up March 2020, I’m prepared to purchase but looking for input. I have 2 options: A. Buy a townhome in my current area (Naperville, fairly affluent suburb near Chicago with great schools) or B. Buy a small ...
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Hello All,Recently purchased a duplex in South Minneapolis. I want to save on remodel cost and put as much sweat equity as possible. The property really isn't in bad shape and in a prime location (couple blocks away f...
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Hello,
I'd like to get your input on how you would invest 400 K. I am a 30
year old middle earner in finance and live in the Midwest. I do not work in real estate but understand the basics. I have 400 k that I wo...
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Hello BP Community! I'm 24 years old and looking to purchase a rental property within the next 6 months. A fellow BP member made the comment about putting loans on a 15 yr note vs 30 yr to be debt free sooner which I ...