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Turning 20 in 2 months, wanting to get into real state. I live in Denver and the prices for the houses here are sky high. So should I invest out of state as my 1st rental property? What strategy would you recommend.
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I've got a 5/2 SFR ranch. Layout is 3/1 main, 2/1 fully finished basement. The basement has a full kitchen as well. I'd like to maximize cash flow, so the intent is to rent by the room. I know other investors have ha...
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Hello everyone!I recently read Rich Dad, Poor Dad and it really opened my eyes to all of the possibilities of building long term wealth without having a lot of money to start off with. I’m currently in the research an...
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I know someone who will do HML quite a bit the past 5 years & then goes to a refi after 6 months - think of it as a short-term loan. He's very careful these will appraise out before he pulls the trigger. He has a ...
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Hello all,I am interesting in buying my very first investment property with an FHA loan. I am hoping to buy an owner occupied duplex...If I was approved for $140,000 on a single family home by my mortgage person, woul...
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I'm trying to get a business off the ground to set up vacation rental properties (anything from sourcing furniture and decor, to policy/guidebook creation). In that process, I am doing some research on the market for ...
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Hi! I recently got my RE License in Washington State, currently working as an assistant under an established broker to learn the business. In the meanwhile, I decided to help some friends out with applying for rentals...
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I just put 20% down and closed on a duplex last week. The plan was to rebuild my savings and buy a single family home in 3 to 5 years, and have our main unit in the duplex cover the mortgage of the future SFH. Than b...
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I recently ran across a property that was listed by a broker. It was built in 2019, and it is listed as a .70% cap rate. It is only 43% occupied. They gave the proforma, and if ALL the projections of that proforma ...
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Hello everyone who is reading this and thank you in advance for any advice you can give me. Ok so here it goes, let’s say that I will soon be able to invest about $40,000/year in Realestate. I’m interested in acquirin...