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Hello BP community! I have been lurking around the BP site for several months now without properly introducing myself. I finally decided to formally introduce myself to the Forums. I am a high school special educat...
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Hi,
I've been planning on getting into real-estate at some point within the next 6-12 months (I'm currently in the planning, education and saving up cash to invest phase). However, my father-in-law just bought a n...
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Hello,
I bought a fixer upper, and found out that the cast iron will have to be replaced. Has anyone had any experience with the trenchless repiping and lining? pros and cons? If you have any recommendations on compa...
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I have not done new construction so I need the help of developers out there.I have this piece of land suitable for development of 10 townhomes. Each townhome in this nice suburb of Chicago can be sold for $650K or eve...
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BP community - My friend approached me about a property that he purchased almost 6 years ago in Richmond VA. He went in on a deal with his brother to fix & flip this property, but for whatever reason, plans fell t...
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I partnered with a local attorney on a commercial building deal. I invested 20k and he held a majority stake. I was very inexeperienced when I did this deal and all though he is a respected guy I think he took ad...
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Hello BP Nation!I've taught Dave Ramsey's Financial Peace University through my church and I thought maybe it's worthwhile to offer to send my renting families through the class? If they latch on to Dave's principles...
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Background: Looking to house hack a multi family 2-4 unit. Two financing options: Conventional 20% down vs FHA3.5% When I analyze these properties I am realizing a theme. Higher down payments are allowing for higher c...
So I found a property that will rent for $500 and I can buy for 30K cash.
My problem is that I then will have 30K + 5K (repairs) tied up for a couple years until I could do a cash-out refi. There is no way to figure...
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I’m actually not even sure if that’s the correct terminology.I am basically hoping to gather feedback from investors who chose the route of buying from a turnkey company. It’s so tempting to go this route as it seems ...