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I am a realtor but also looking to buy my first personal residence house hack. I am under contract on a property with 3.5% FHA loan that is a triplex. The only thing is this property is very unique because there are 2...
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I cant grasp the refinance and cash out portion of this strategy. I need someone I can call, I cant comprehend it any other way.
Home under contract to purchase for $110,000
Put down 20% ($22,000)
Get a loan for $8...
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I'm finishing up the "Rehab" portion of my first BRRRR duplex property. When starting to think ahead to the "Refinance" step to do a cash out refi to repeat the process, I have a few questions:
1) Does a 12 month lea...
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There's all these formulas for calculating expenses and backing in to cashflow, right? How do you guys manage this operationally? In reality, rent will hit your bank account, but it doesn't separate itself into specif...
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I co-own real estate with an ex-partner, we are going through a separation and were not married. This is our current primary residence. He would like to hold the property and live in it, while I would like to rent it ...
I recently subdivided a property and put one of the lots up for sale. I received an offer today but the buyer wants a 60 day due diligence period. Considering the lot was just subdivided by the municipality into a R-1...
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The way an investment or entity is owned and funded is referred to as its capital structure, or “cap stack” for short. One might ask, “how is this investment capitalized?”.
Broadly speaking, the capital stack consist...
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Hello BP,I have about 200k in equity on my primary residence. Wanted to see some peoples opinions on how I can use that equity to invest in real estate HELOC, Cash out refinance ect. Looking to either flip or purchase...
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I recently purchased my first property in Saginaw, Michigan...yes I know, LOL. However, this purchased was not for an investment as for more to get a place for my mother to watch over my grandmother as she begins to m...
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Does the amount you can receive from a cash out refinance depend on the max loan you can get based on your annual income?