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I have two properties (a duplex and SFH) a family member is offering at deep discount, he needs to short sale. They are in Miami & I'm in WPB so, too far away for me to use VA or FHA as an owner occupant. Neither...
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After doing some research and saving up for a little bit we decided to purchase our first place. We live on Long Island so it didn't make much sense to invest here. Taxes and properties are crazy high as well as not t...
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So I am doing my analysis on my first rental property. I am considering a 130k property and putting down $50k. When you run the numbers, the return cash on cash is around 9%. Brandon said in his last webinar that he d...
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Has anyone been able to get Chase to agree to a short sale while current on payments? Has anyone been refused by Chase because they were current on their payments?
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I got a call yesterday afternoon from a newbie RE investor I will try to para-phrase as best as I can . We are looking to do our first deal . My husband works for a remodeling contractor , willing to do the work but w...
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My current tenant has asked to search for a roommate. I have no problem with this, but I am curious how to handle the addition of another tenant. Should I have them do the same application process and ensure all quali...
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My inlaws have a house that they moved out of 2 years ago. Our best guess at this point is that they are $20k underwater on it and they have no money to put towards selling it so it looks like they will list it with a...
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Hi, all. I'm a new investor and want to begin lending hard money. I'm really considering rolling over my IRA into a Self Directed IRA in order to work with a trusted partner who wants to build and flip homes in the ar...
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I got preapproved with a lender, submitted my offer and it was accepted. Now the lender is saying that they can't lend because the house cost is so low that the closing costs would violate the predatory lending Sectio...
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I'm an engineer. I own 5 rentals but have only been in business about 2 years. I've had 7 tenants, 4 great, two mediocre, one lousy. But there seems to be no trend as to what stats I could've looked for to determin...