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Hello BP members!I am starting my journey of getting into long term rentals. I am focused on the Houston market currently and looking to buy 5 properties over the next 5 years or less. I currently have a home that was...
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Hello BiggerPockets,I recently had the epiphany that I am not going to be able to live the life that I want to lead if I just continue putting the typical 8-10% into my 401k. I am 23 years old, a 2014 graduate of UC I...
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I was wondering how much money do you need to start? I understand "The more money you have in your pocket - the better profit you ll get, the more options you ll have to chose from. But I still want to know what is th...
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Hi everyone! First time poster here. I'm Michael Fanelli, and licensed Realtor with @Mark Ainley at GC Realty. My wife and I are looking to purchase our first multifamily and are trying to figure out what's the best w...
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What documentation do I need to consider when borrowing long term private money from family (30 year amort/10 year balloon)? I am working with a close family member on a loan. There were be no lien's on the property...
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Hello Everyone, I'm interested in a building with 6 units in Indiana, but I dont have enough money for a 20% down on a conventional. Does the 5% down applies on buildings with more than 4 units as well?
And a second...
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So I found a deal, have it analyzed if I can get it under a purchase agreement contract I can get the money raised from a private money investor. The real estate agent tells me I need to have "proof of funds" to put a...
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Here's a situation I haven't seen addressed in Forums. I hope the wisdom of the Bigger Pockets community will have some experience, ideas and/or insights to share.I have a few houses in the same neighborhood. Every ti...
Hey all, new to the site. I have a handful of rentals mostly purchased with cash. I've been looking at buying a larger package that will require some leverage. Most banks are uninterested, including local, regional an...
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Since the dawn of time, man has understood the need of a water source. Historically, great cities have always risen near the banks of rivers and lakes, and every lost traveler knows that his map to civilization is the...