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I thought it might be interesting to cover how I quickly analyze new properties that come on the market to determine their potential as rental property. I'd love feedback from other BP members on how you do your basi...
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Hey all,I'm always reading about investors buying properties at 70-80% of appraised value and being able to get the bank to loan the entire purchase price since there's 20-30% equity immediately upon closing.From my e...
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Hello Everyone,I have a property that I am looking to buy that is a bit of a complicated one for me that I need some help with. I'm going to consult an attorney to be sure how to do things (if I even can), but I wante...
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If I were purely considering the situation from an investor perspective, I would not consider purchasing higher end SFHs as with a buy and hold strategy, the cap rates seem to be very low. But if I'm considering a 10...
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creative investing, think outside the box, foreclosure puzzle, can this deal work, solve problems?I ran into a beautiful lake house in Florida. A broker is selling the house and saying HOA has quick claim deed on the ...
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I'll be viewing my first home tomorrow, ever. My wife and I are planning on house hacking so this will also be our primary residence. 1 building has 2 units. Both 2 bed 1 bath.1 smaller home as a 1 bed 1 bath.Home is ...
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I'm interested in a property that is listed as a short sale for $30k... It needs some love. My understanding is that the bank needs to approve the amount. How much are banks willing to negotiate? I understand they...
Relatively new here, thanks in advance for answering my question.For context, I own a property with several relatives on the deed as basically caretakers, but the property is understood to be mine; we'd like to take t...
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What would you guys do? After accepting an offer of $9K less than asking and giving buyer a $5K closing credit, she now wants 18 items fixed on inspection report. She is even requesting a toilet paper holder!!! Seriou...
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Hey everyone, I'm a Canadian from Vancouver, BC. I am trying to set up an 'ideal' entity or partnership so that I can efficiently limit my liability as well as reduce my annual tax reporting costs (and taxes in gener...