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I've recently felt very compelled to start contributing to BP more, so here is my follow up from my last post I put out 10 months ago titled "Quit my job at 21 years old to become a real estate investor". I would like...
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I found a home that I believe will be good for STR. It went under contract in about 3 days last month but now came back on the market.The asking is $349kIt was purchased 2 years ago (Oct 2020) buy the current seller a...
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Hi everyone,
I have been looking and learning on the forum for about 5 months now and came across what seems to me like a pretty good start to my real estate business. I currently live with my parents in Illi...
When working with hard money lenders, be sure you are able to quickly summarize your loan request. Don’t go into too much detail or explanation until the lender has decided to move forward in the process with your loa...
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So it appears to me in my local market and also at the macro level around the country that properties that cash flow nicely i.e. >1% rule are also in markets or neighborhoods that don't seem to appreciate that much...
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I'll try to be brief. Looking for some advice on how to start out:Goals:Cash flow focused (SFR or Small Multi)'Retire' in 10-15 years (expenses covered, $7K a month)Issues: Full time job8 month old daughterBarely any...
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Newbie Investor here. Making moves to jump into the real estate investing world. I'm hoping to get some advice on how to invest my money and get my foot in the door. I currently have around $60,000 in cash that I w...
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Hello all,
This is my first post to bigger pockets!
I have had some real estate investing experince in the past but feel that I am at a bit of a standstill at getting my next deal. I live in chicago Il and I have su...
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Good afternoon BP! So I have bad news, if you read the title to this post, my mortgage loan for declined. I've been working with Movement Mortgage, and they send all my documents over to underwriters to get a pre-appr...
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Hey folks. I had an emergency repair at one of my buildings (boiler died in winter) that I had to put on my credit cards. I put a total of $30,000 on my cc for individual furnaces in each of the 8 units. I had a cr...