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Hi All: Doing my first BRRR + STR (will do hybrid STR/MTR; MTR = mid-term rental) in Indianapolis, educating myself on which lender might be best for cash out or rate & term refinance that specializes or takes int...
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I recently sent in an LOI for a 12 unit apartment. The property is located in a C- neighborhood with a moderately high crime rate. The current management company allowed a sex offender to live in one of the units. The...
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Good afternoon BP Community!I am a partner in a General Contracting business building new Custom and Production homes. We are in a small town outside of Houston that is one of the fastest growing areas in the greater ...
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I know the definition of "REI" can be very broad. But, in a very general sense I have been having the realization that even in some of the best REI scenarios 10%-15% return on your money is pretty good (this of course...
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My very first tenant moved in on Thursday, making me officially a landlord. As exciting as this was, I'm the more eager to push to the next one. I bought in a suburb of Atlanta, GA.The Numbers (all annualized):Paid Ca...
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Has anyone worked with a bank that can do a conventional 30 year cash out refi without having to wait the 6 month seasoning period. Preferably would like at least 75% LTV. Currently in a deal all cash already got it ...
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Hi guys,
I'm a senior in high school and I am very interested and very serious about investing in real estate. I understand some of the basic concepts of real estate investing, but I do not understand how to go about ...
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Hey all,
So here's my situation:
1) About 2 1/2 years ago, I partnered with my mom to buy a duplex in cash for $140k, intending to live in one side and rent out the other. We put an additional $17k into renovations...
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I have been in real estate now for 1 year and have only done 1 deal. It was a wholesale deal that netted me 29,000 profit. I got the lead from a driving for dollars list I created. It was a 1970s house that had a lot ...
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Has anyone out there ever partnered with a contractor to do a rehab? In this situation, I'm thinking that you buy the property (using whatever means) and the contractor rehabs the property for a percentage of the prof...