Hello,- Myself and a friend from college are both 23 with 750+ credit scores and ended up with full-time offers in Nashville after being fortunate enough to finish school debt-free- We currently each pay about $1,000/...
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Hello BP!I've started looking at duplexes and just can't seem to figure out how to make them work. So I live in Wisconsin between Madison and Milwaukee. There are some higher end towns in my area that have several d...
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I live in West Texas and I'm looking to purchase my first cash flowing multifamily property in Midland/Ector county within the next few months. I have identified and I'm working on putting a contract on an 80 unit pro...
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Im looking at fixer upper north of Lancaster, CA. It's in a flood zone. Anyone have experience with live in flip in a flood zone? The property needs a new roof, flooring, kitchen, basically I doubt there's any room fo...
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I came up with a new way to quickly evaluate if a deal will cashflow.I call it the 10% Rule: if annual gross revenue is at least 10% of the financed amount (after putting 25% down) then it’ll most likely cashflow.For ...
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For Context - I understand real estate is a long term deal but, after holding a property for 1.5 years I feel as if the performance is lack luster and have considered selling off the property in pursuit of something l...
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I'm looking into investing in a market outside of my local state and was looking for advice or things to look out for while doing so. I'm also curious if it's necessary to be able to go visit the property before buyin...
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First, a little background. I've bought 30 or so properties, with 21 (if I counted correctly) being MLS-listed REOs/foreclosures/HUDs. That's not a huge amount, but I'm a rehabber, not a wholesaler. Anyway, I say t...
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What is a good guideline % wise on a down payment? If purchasing an investment property would you put more money in to get cash flow positive? Does that even make sense?
I apologize in advance for a very long post.
We are first time home buyers in a very competitive market (Seattle). Neither me nor my wife work in the IT industry so we knew our limitations and went in with realistic ...