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Hello BP!
I own a home through an FHA loan. I rent out the spare bedrooms, which covers the mortgage, taxes, insurance, and repair reserve. It doesn't cash flow beyond that, but that was not my goal when I purchased ...
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Hello! In need of advice from you smart RE peeps.
We have 4 rental properties plus our main house.RH #1: Owe $13,000 - rented at $1200/month (long term tenant moving out May). We could easily rent this property for 1...
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As far as the "50% Rule" goes.
When you evaluate a property and you say 50% of the monthly gross rents should be figured for expenses prior to servicing any debt, does this vary much if you are going with new constru...
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Greetings, I would like to raise some money for conventional financing of a duplex or 4 plex.
I have a rental with 110k equity owe 39k 6.5% and a primary residence with 100k equity owe 98k 4.5% 15 year note. If I c...
Hello,I would like to ask everyone's advice on something. My name is Nathan and I am a new member to bigger pockets. My wife and I started listening to bigger pockets podcasts within the last two months after reading ...
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Okay, so I've put off posting on here for a long time because I find that many of my personal beliefs differ greatly from many on here. Specifically, I shy away from using heavy levels of debt to build a business from...
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Hi all! Me again! Come seeking wiser minds than ours...As some of you may remember, we became accidental landlords on a SFR in South OC (Ca) when we could no longer afford it (and the kids split). We went thru a cou...
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All I ever do is put money back into the properties. With class A rentals I can always find something to upgrade.
My home is still not finished so there is plenty for me to spend time/money on there. One day it too...
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Hello. I’m wondering what advice people have on ways to get started in real estate investing when house hacking is not an option? My husband and I had high priority on buying our dream primary residence and now that w...
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Hi, I am new to rei and was wondering if it's better to pay extra on a mortgage or just pay minimum to receive the tax benefit and extra cash flow? I guess what I was thinking is if I'm getting (for easy numbers) $100...