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I'm new to the REI world and still learning the basics. Something I'm trying to wrap my head around is whether the cap rate is actually a reliable indicator of the risk of an investment. My understanding is that the m...
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I’m looking for my first deal. Conventional lender who pre-approved me is a REI himself said 25% down payment on an investment property is standard. And they won’t do a loan under $75k (since closing costs would be ov...
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Hello!
I have been reading some of the related forum discussion on making "site unseen offers" and I'm still undecided as to what to do. I have a seller that wants to sell her home fast (she is retiring-in he...
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hi BP
i have had the opportunity to be shown a home before it was listed.
it's in my farm neighborhood so great location, school, afforability, shopping, transit.
I have was given info that the seller maybe motivat...
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I had a meeting with my attorney today I wanted to have some contracts draw up for lease option assignments. He told me without being a realtor it could be risky. Is anyone in Massachusetts using lease option assignme...
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Can someone please give me some insight as to what the benefits are to using a trust in short sales. Thank you[b]
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Hi All,I current have a HELOC opened for $130,000 against my home (owned free and clear). The current rate is 4.94% last I checked (variable rate). I have a friend who has been flipping houses for a few years now and ...
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Hey BP,Just wanted your guys' opinions..I've spent the last 3-4 months heavily researching how to be a good wholesaler, and I'm at the point now where I want to take massive action.Should I:a) Spend money ($6,000) on ...
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Hello! I am a young aspiring entrepreneur from Los Angeles, California. I was recently told by a large company's ex CEO that multi-family real estate investing was a really lucrative type of money making, especially i...
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Hello! I am for the first time trying to do a "for sale by owner" sale to sell a family home. I posted the house to Zillow, but have not had contacts yet. I wonder if the price was just too high at first (we lowered i...