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Hi All,I have this off-market deal that I found recently. The owner is asking 600k and does not want to pay buyer dealer fees (initially). It is a 3-family property with a 50% finished basement and a car garage. The ...
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Hello all,My partner and I are interested in purchasing a one unit condo to use as a rental property. We would like to start conservatively and start with one unit and gain experience before jumping into a multi-uni...
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Hello All,Real estate is amazing! it makes me learn every day. I have a question about buying a house without an agent. Objective to save the costs, active learning, treating it like a business... Scenario: I like a ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $72,000
Cash invested: $107,600
Case Study: Cockroaches to Cash Flow
Property Acquisition
I found this property thr...
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Hi BP community! My name is Celine and I am new to real estate investing. I have been on the site for over a month and learnt so much about REI. I am excited to start! I read articles, the posts on forums and listened...
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I just finished my first flip and learned an important lesson - there are some restrictions for FHA buyers purchasing flips where the investor purchased the property <90 days ago. Sharing this with the BP community...
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I've got a lot of questions and I'm considering a couple of options:
Background:
I'm looking to buy and hold. I'm looking for long term, passive retirement income, it would be great if I could suppleme...
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I want to focus this post on issues that have cost me money that were avoidable.#1 Fires, I have lost three homes to fires. Two were caused by humans. I should have insured the homes, sold them, or done something to m...
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I can't decide if I should refi this property. At this time, I think this is a buy and hold investment. The total interest savings is $40k which is attractive. The monthly savings is only $100 and I plan to put monthl...
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Key Points
-Duplex- FHA=3.5% down. Conventional= 15% down minimum
-3-4 Units- Must be FHA and pass the self-sufficiency test
-VA Loan- Zero down for 1-4 units!
Action
-Connect with an investor friendly lend...