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BP Community, we did it! My fiancé and I just closed on our first 3-unit multi in Southern Maine and are so excited to finally be off the sidelines, out of my parents basement, and in the game!The property is currentl...
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Hey all, Yes you should always use the 3x rule when evaluating if a tenant can afford your rent. However I've come across a few very good applicants who have great credit, little debt, and solid jobs. There salary's ...
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I recently purchased an investment property in Montgomery, AL—a 5-bedroom property close to a major hospital in the area. It has an inground pool that I was initially set on filling in. However, lately, I've been rese...
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I am currently preparing to sell off my portfolio of single family homes and assembling an offering memorandum / marketing package. As an investor who might be interested in purchasing a portfolio, what would you exp...
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Hi, I have a W2 job (my wife stays home and I have two kids) and owns a few SFH as rental. I did tax return last year (including buying two SFH houses, selling one house) through a CPA and he charged me ~$1000. Is thi...
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Hello Fellow Investors,I make $50k/year gross. According to Nerd Wallet, I can allegedly afford a $1500/month mortgage. I want to get an owner/occupied a multi family unit in MA, no further West than Worcester (I work...
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I was wondering how you guys feel about short sales. Do you guys think its worth the time to wait for a short sale or do you guys go straight for REOs because they can close quickly and you know what price you're gett...
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I am a busy Single mom from Boston, and will not qualify for FHA. I have $50K cash in hand to invest, and due to my current commitments was leaning towards MF buy and hold rental properties with the goal of building...
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Hello, I have started looking for some STR properties in Oralando specifically the Kissimmee area. I'm working with the Short term shop agent and so far like it. I have a couple of questions for folks who have already...
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OK. I have excellent credit ( 780 ) and numerous credit cards with a total credit availability around 150k. Question: how can I effectively use the credit available to me in my real estate investor business? Cash a...