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I’m curious to know what lenders usually require for a down payment on multi family properties? Is it usually 20% down with a certain amount in the bank in case renters are not immediately found?
Also, do loans differ...
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Hello everyone,
I am about to buy my first vacation rental in Fernandina, FL! Can someone please help, things are starting to get real scary when figuring this out and I'd love some advice on how to make things bette...
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I've got 3 rental houses in a row all coming vacant at the end of the month. I've been approached by a faith based sober living house looking to expand into the area that would rent all of them. Does anybody have any ...
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Hi BP...I have an old house in 1 of the bathrooms in the back of the house which is an addition to the house the oil base heat doesn't heat up the bathroom the baseboard gets lux warm if that...I was thinking of buyin...
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I purchased a lake front property here in Texas for $115,000 cash. I've spent around $70k cash as well improving the property to be a short term rental as well as possible secondary home for my family. My local bank i...
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Hello BP fam! I'm a SAHM and have been a vacation rental landlady in SoCal since 2012, with experience using VRBO and AirBnb. My portfolio is tiny but my reviews have been near-perfect since I started 6 years ago and ...
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Just received word that my 60 unit apartment complex construction is approved! Have been meeting with the city planning commission since about December. City approved it a few weeks back and my bank approved loans TOD...
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In now it has been asked a lot. What is a good site for researching the local rent payments say by zip code or other? Read that it may be wise to hunt for properties where you can stay above the local mean.
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Hello All!How do you get a "pulse" on the market? Do most people just look at all of the MLS listing sites (Realtor, Trulia, Zillow, etc.) or local classifieds and craigslist?Whats the best way to pull comps? Is there...
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Hello My name is Jose, I am a 20 year old that lives in LA who has a small construction/handyman business. I am currently working with my father in this business and he has over 20 years experience in construction, in...