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Hi, I'm new to biggerpockets and looking for some advice on first time lending. I am thinking about privately lending to a friend who has many years of successful REI experience. One of my concerns is usury laws. I li...
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Hi BP community,I have a general question. For those who are planning out their marketing attack for 2016 right now, how much of your net worth do you allocate for marketing for any given year, month, quarter, whatev...
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I'm a newbie at this, so looking for some advice. I'm in the Southern California area. I have a customer/ friend who is a real estate broker and is aware I've been looking for real estate investment opportunities. ...
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Hey guys looking to get a HELOC on an investment property. I’ve called numerous banks and found one that will do it but it’s an interest only HELOC. This is my first time using a HELOC. Is this a good idea or no? Th...
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Hello Bigger Pockets community. I'm looking forward to being part of the conversation :-) I've been reading all of the great info here on Bigger Pockets and listening to the podcasts for a few months and have learne...
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I am a little confused about LTV ratios. From what I know a LTV is simply the mortgage amount divided by the appraised value.
If I am looking to mortgage a property that appraises at 100k and ...
I realize this may be a fairly unique situation but I'm wondering whether anyone can opine on this or point me to the right resources.
With the help of my parents I bought a condo in NYC several years ago. I'...
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Hi Everyone,I'm hoping to get some opinions in regards to financial planners. As RE investors what are you looking for in a good Planner? What skills would they need to bring to the table or what problems could they...
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I have been a flooring installer since 2000. I was a contactor from 2004 until 2018. In that time I worked primarily in residential but transitioned to commercial. I am still active in residential and am the "go to" g...
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Hi all,I am new to real estate investing and new on BP. I purchased my first duplex last year, which cashflow $100. So I am currently living rent free with some extra cash in my pocket every month. I just find another...