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Good Evening!I am closing on my first property next week! After about 1-2 weeks of work I'll be ready to rent it out. I am working on the finishing touches to prepare myself to enter the wonderful life of being a land...
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I'm interested in purchasing a vacation home (second home) that will be for our use, but also short-term rental when we are not occupying it ourselves. The property is 88 miles from my home. I estimate that we'll occu...
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Hi, I'm 17 and I am in love with the world of real estate. However, many parts of the real estate world are locked behind an 18+ door. What are some things I can do to help prepare myself for my real estate career whe...
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WHATS LENDER WOULD BE BEST FOR THIS?Below are answers to the questions that give a synopsis of what we are looking to achieve. Also see the attached working draft term sheet of a revolving credit facility that lays i...
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I am just now starting to ditch my PM and bring everything in house. This weekend I am setting up my first open house style showing because I received more then a dozen inquiries after 2 days on the market. A few ques...
I am currently buying a Personal Care Home. I have about 90% of the price we agreed upon (200k) of the land contract paid off. I am currently running the home and it is profitable. After it is paid in full, the deed w...
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Time to eat some crow here. I thought that with rates rising over 500 bps and tighter credit markets housing would see a correction of around 5-10% and would create some more opportunity. However, the NAHB just report...
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Good Afternoon BP community and excuse me for such basic questions but i figured i had to start somewhere. Me and my partner have spent the last few months looking at property and daydreaming of all of the possibilit...
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If the property being foreclosed by the first mortgage( initiated 2003), the line of credit debt which is taken out later date(initiated 2007/2017) than the first mortgage would wipe out? Appreciate your advice always
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Two-flat inspected yesterday, nothing major but neither furnace fired up, both are 15-20 years old. Preparing contingency request(s) today. What is the likelihood that the seller will replace the furnaces?