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Hello BP Community!I am receiving conflicting opinions if I need a pre-approval letter from a Freddie Mac lender for a multi-family 5+ units. I will be financing the property using the Freddie Mac Small Balance Loan p...
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I have a client that bought a primary home for $100K in 1989 and the home is now worth $1 Mil. They have divorced in that time period and own the house solely now. They have put about $50K worth of improvements into...
Wanting to put a down payment on a flip using either fixed rate equity loan or HELOC. Which is a better choice?
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I have been looking to buy my first buy and hold rental for about 18 months. I have enough cash on hand for a 20-25% downpayment and a contingency fund. I have an area and investment strategy in mind but when I went t...
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Anyone else out there using a HELOC on their primary residence to fund their REI? Both of my buy and hold deals were funded exclusively from my HELOC, which I then refinanced into a traditional mortgage. Because of fo...
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I am considering buy a rental property in a "C" neighborhood and looking to rent it to Section 8 individuals. Does anyone have any experience in this field. I am new to investing and just want to look at all of my opt...
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There are some websites that list properties for sale as Foreclosure.
Meanwhile I read that:
Foreclosures are NOT sold by Realtors. Foreclosure properties are auctioned at a Trustee Sale at the Court House in the ...
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How many of you track your net worth as RE investors. If so, please share with the BP community your approach and what you include under assets and liabilities.
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Would you lump all your investment property finances into one bank account or do you prefer to spread them out among several banks? What strategy would you choose? What strategy have you taken?
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Hey all, brand new one here - first post! I've been reading a lot, but can't find the answer to my question. I have two rental properties, building two new ones right now, and have four more lots on which I plan to bu...