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Hi Bigger Pocketers! I am Rasheeda and I'm a Real Estate Investor new to the Charlotte area. I was referred to BP by a contractor. Oddly enough, I am looking for contractors, private money lenders and people intereste...
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Is it a good idea to use an interest only mortgage to finance a first time investment property?What are the pros and cons of an interest only mortgage?
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After being laid off back in Oct 2023 from Upper Management change (New COO) that let my General Manager and then myself go 40ish days later. There were others in the same organization at other locations that had the ...
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The SAFE Act states that a homeowner selling his primary residence does NOT need to employ a licensed mortgage originator.
What is the definition of primary residence?
If I buy a mobile home, move in, change the u...
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Hi guys,
I am looking to get started in real estate investing and I am very intrigued with seller financing. I am wondering if you can provide me with some information on how to find seller financing opportunities. E...
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Hello,I am working on a subject to deal and they seller is behind on his payments. Should I call the bank to discuss getting the payments caught up or just finish all the paper work and pay the back due? I need a litt...
I’m currently a grad student in a rural, low cost of living area and I found an interesting rental property for sale for only $73,000. The property is a 4 bed/2 bath duplex. Also on the 1 acre lot is a 2 bed/2 bath tr...
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Hi,
I am looking into starting an LLC and buy a property with my sister-in-law. We are looking to sell one of my current investment properties and use that plus some of her capital to buy a house, furnish it, and l...
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OK. I have been listening, learning, reading, and dreaming. I am very close to looking for that first deal, but one thing that I seem to have limited knowledge on is financing. So I am just gonna throw some random sce...
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Here is a strategy that I am looking at:Rehab and resell homes plus by and hold.50K to investPurchase 30K houseRehab 20KSell 100KPut away taxes and savings off of house one and bank the profit. Rinse and Repeat...Ever...