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Brand new investor here. I have 220k saved in my bank in liquid capital, 700 credit, and about 60k in salary. I am looking to buy and hold a multi-family to live in and rent as my first deal. I know there are many oth...
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Can a seller hold 20% of the mortgage as the down payment if the property is not paid off? Could I offer the seller $40k higher than asking price and have that profit go into the deal as the down payment? Keep in mind...
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Hello everyone, I've been frustrated over the years about how expensive the LA market is so I came here with questions on what the best way would be to get into a property. Buying a Duplex came as very common advice ...
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If I buy a second house using funds from an IRA I am not entitled to any personal usage of this property correct? Is there any way to purchase the property, receive the tax benefit of an IRA, but still utilize the rea...
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Tenant signed a lease with me to start on 09/01. As soon as it was signed, 08/12, the tenant went silent. I've tried reaching out several times by phone, text, email with no response. First just as a simple welcome an...
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Hey BP. I am about to acquire and fix up a downtown rental in a low income part of town. Could anybody give me advice on how to get certified for section 8 housing, and if there are any pitfalls I should watch for? If...
Hello,I bought a new primary last year and rented my earlier home as I am able to cashflow $200 per month (this is thanks to 3% interest rate). If I sold the unit today, I will walk away with $100K in profit after age...
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Hello all, I am from Toronto, Ontario and own a few properties locally. I am looking to diversify and start with by buying a small apartment building in the upstate NY area (a few hours drive for me).
From my resear...
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We own 50 acres of wooded landed in a rural setting. Eventually, we’d like to build a few houses for ourselves and extended family but that will be a lot later. In the meantime, it’s a beautiful plot of land with a ni...
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** This is part 6 of me documenting my fun and often stressful real estate journey
The nightmare is finally over.
Today I close on my second flip ending what will hopefully be the roughest period of my investing jou...