So I've been a lurker for awhile and have been interested in real estate investing way back since the Carlton Sheets days. (I'm sure some of you don't even know who that is lol)I've finally decided to take the plunge ...
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Hi everyone, my name is Prenn. So my real estate journey began with an older coworker asked me if I had any plans for the future or what kind of investments I was involved in. Back then, over a year ago, I had nearl...
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Guardians of the Equity,I am currently under contract on a wildly mediocre looking investment duplex (2b/2ba per unit). Since it is my first investment property (long time BP lurker, first time poster) I thought I'd ...
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Hello real estate sharks,My fiance and I live in Lowell, Massachusetts and bought a duplex in April of last year. This house makes $1700 in rent. Its a flip house with all granite counter tops, stainless steel, open c...
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I bought an investment property in NJ for 120k. The house will sell for 175k without putting a single dime into it. I don't have a mortgage on the home. What is the best way to avoid heavy taxation? Thanks in advance.
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I post this here because new investors make this mistake more than others.
I am a builder/developer in Texas. We have had a few investors invest in our neighborhoods at the advice of an unscrupulous realtor who also...
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I'd like to buy a home soon, and I don't want to wait long enough to save up a proper down payment. I am considering approaching a few wealthy investors I know and giving them a proposition like this...
Example, I bu...
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My assistant just called me last night (she rarely calls me unless it's something important) she tells me that a lady said she wanted to give us a lot all we have to do is take over the back taxes which are $900. The ...
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Which of the below strategies would be best? Or what other ones do you have that would be better?
1. Prequalify for hard money loan. Get loan, do light fix up. Hold until able to sell to a consumer
2. Prequalify f...
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Here's my situation:
I have been working with a commercial broker for the last two years to find a good MFP, found it, got my offer accepted at 1,365,000.
I have a good relationship with a bank, have th...