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How do I go about vetting a local hard money lender? I want to be fair and pay the lender for their services, however I want to ensure my assets are protected.
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Hey BP Fam,I received some advice last night and wanted to run it by the BP community to see some of your thoughts about it. Last night I posted a topic about strategies to get the contact info for REI. I got some val...
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So here's my question, is it illegal or unwise to ask for money from investors on a major rehab project?I have done all the leg work and calculated the ARV (about $980,000) the total cost to purchase the vacant apartm...
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Hello fellow BPers,I have two multi family new builds under contract in Texas and Florida. I didn't plan on buying two properties at the same time but the building schedules due to supply chain and permit issues (so ...
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I'm in a situation I haven't experienced before and looking for some input.My father owns 5 undeveloped acres on Long Beach Washington. He was originally looking to sell it but I approached him with the idea of dropp...
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The Bought this house as short sale December 2009 for 350k. 3/1 1200sf Pleasantville NY Original Rehab was 80k. We later finished the basement an addition for 100k. Just sold for 675. By then it was 3/2.5 1700sfWe...
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2 questions about earnest money during foreclosure.When bidding on a foreclosed home on the court steps,when your the winning bidder, and your bid is recorded, you place your earnest money. In NC there is a 10 day per...
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Hello all,I finally finished the rehab on my first deal and put it up for rent yesterday. My question is I have a lady that is recently divorced and has bad credit that wants to rent my house. She has a steady job (wo...
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I own two properties financed through two personal mortgages overt he past 2 years. I'm now thinking about my third investment, but don't want to make much of a down payment for it. Instead, I think that an owner fina...
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Hi, I'm looking to become a landlord for section 8 D properties in the $10,000-$20,000 range. Single-family residences only (2/1, 3/1, 3/2. With section 8, multi-units can cause accountability problems). Appreciation ...