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Great forum, glad I found it.
My question is as follows. The fule of thumb when determing a potentially good rehab deal is to use the 70% of ARV (After Repaired Value) less repairs method. However, can you use th...
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Hello BP!I will cut to the chase. I am in a dilemma and need some experienced advise. Right now I am renting an apt in CA for $1800 for a 1bd/ba. Now that I some money saved up, my plan was to put a down payment(FHA l...
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Hi everybody-We have our first STR in a tourist destination and had a very successful first season. This area has perhaps 1000 permanent residents and the primary economy is tourism and always has been. However, we ju...
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Hi. I am new to here and new to the real estate market. I have a question about owner financing. I am in Pensacola, FL. My husband and I have found a house we like and upon calling the owner found that he only wants $...
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Hi! I'm a newbie investor and just spoke with my first lead from a yellow letter campaign.The property is a 3bd/2ba brick house, 2035 sq ft including the attached 2 car garage. It has a 3 acre yard but sits on 24 acre...
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What firms are out there that allow you to invest in real estate from a self directed IRA?I have an existing Scottrade traditional IRA into which I had rolled over my 401(K) from previous employers for consolidation. ...
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I bought my first deal of 2009 back in March. I've bought 9 since then, but here are the details and a few things I learned on the first one.
HUD foreclosure--3-2 singlewide mobile home on nearly 4 acres.
The Good:...
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There have been some other posts regarding this deal in the multifamily forum, but I thought I'd post a summary here as well.
I started looking into REI one year ago, and was overwhelmed by all the strategies. I read...
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I am 26 year old living in NOVA area and will likely stay here for the foreseeable future. I currently pay only $900/mo in rent, but I am considering buying a townhome for $350-400k, living in the basement and renting...
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Hey everybody! This is my first posting in here. I’m hoping to get a couple different perspectives on a particular strategy, so I’m looking forward to any and all advice offered! My wife and I are looking into buil...