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Looking for some advice. I am currently on a 30 year fixed at 3.625% for a multi-family that is also my primary residence. It was being used as an extended family for the last 4 years, one unit will start renting out ...
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I'm looking at purchasing my first duplex for $120,000. I'm hearing in some markets getting $200 a unit is good cash flow. Is this still the case when the initial investment is $30,000? Does tying up $30,000+ to make ...
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Hi everyone, I’m wondering if there is a general opinion when it comes to trying to find cash flow vs acquiring a property with no cash flow (or negative) but strong YoY appreciation growth. That’s the situation in Au...
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This question is about a buyer who needs a bank loan.
For example, after I've got a wholesale property under contract with the seller and on the other hand, I got a serious buyer who needs a bank loan to com...
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I have been nerding out and digging into the various calculators to understand the numbers. Within the BRRRR calculator I don't understand why the denominator the first year for the annualized total return of the mode...
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Hi We are looking at purchasing our 2nd rehab to rent investment property of a 2Br/1Ba townhouse. We are using traditional financing 30 fixed with 25% down. The home is being priced at 150 and we expect to get 1350 in...
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My question is. Should I pay cash for my investment properties ($200k) or should I finance multiple doors and stretch my $200k into the selected properties only putting enough down on each property to make it cash flo...
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Forgive my ignorance, but I just want to make sure I am thinking correctly.
I have a home equity line of credit that is open and I can draw cash from whenever I want, is a business line of credit along the same theor...
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How would I analyze a deal looking at using subject to and a note for the seller, vs just wholesaling the house.
my thoughts so far...
wholesale = $5k (assignment )
Selling L/O = down payment + cash flow spread 1 or...
I’m planning to put a down payment on possibly a duplex or triplex within NYC, preferably Brooklyn or Queens. Many people have suggested looking into other neighboring states due to the lower price, but I’ve lived in ...