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I'm planning to buy my 2nd property in my name to decrease my down payment (3.5-5%, FHA or Conventional) and plan on house hacking. My question is, would it be better for my roommates to pay me directly or should I st...
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This will be my first home purchase. It is a duplex that I intend to own long term as primary residence and rental. My parents want to gift my $5,000 towards the house and want to know how it will be most beneficial t...
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Estimated cash you will need at closing 16,342$Estimated monthly mortgage payments 730$30 Years Fixed Rate at Interest Rate 5.500% Home Purchase Price 76500$The home is a Duplex Upstairs and downstairs In Good Shape i...
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Quick background for the braintrust here.
I am a Texas Corporation that is in the residential income property development business.......I build mostly duplexes in Texas, Tennesse, and other states. I market "MY" prop...
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I am writing an article focused on how the series LLC structure can be used by real estate investors for holding real estate assets. I would like to find out what questions real estate investors have about using the s...
Hey BP,
I bought my first non-rental property; which the wife (future teacher) and I (current teacher) call home. It's a brand new condo in a brand new development next to a brand new elementary school. We ...
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I have never worked with a GC. How do they operate? If you have a house that is in need of a complete rehab and they give you a quote are they obligated to stick by their contract price? What happens if something u...
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Hey guys! I'm new to the BiggerPockets forums, and have been interested in real estate investing for quite some time now. I'm currently 23 years old, and am looking to make my first rental property purchase within the...
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For those who use a property manager (particularly for out of state rentals), do you have to have them listed as an employee of your Single member LLC, or can you consider this as an expense(not an employee) to the LLC ?
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Hey guys,
Found a guy through a mailer that doesn't want to "give the house away" (i.e., this is not a wholesale prospect), but he might consider an owner-financed option. He owns the property outright and collects r...