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Haven't posted in a LONG time so bear with me here. My wife and I are trying to purchase our ex-landlords rental properties, which is around 50 SFH, an 18 unit apt bldg., and a 12 unit apt bldg. We need a $1.2 million...
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What are some of the advantages and disadvantages of each approach?
Which one would be a better route to go for a first time investor with no prior experience?
No negative answers or “can’t be done” from naysayers p...
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Detroit is falling and much of the blame is aimed at the banks.
It was just reported that banks started foreclosures and evicted tenant/owners but have not taken posession of the property leaving taxes due from the o...
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OK, this idea intrigues me. I was browsing FCI Exchange today.
Questions:
1. If I want to buy notes, do I have to be licensed as a lender or servicer per the SAFE Act??
2. Would I have to service the loans? Or ...
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Hi Guys,My little introduction I am investing in real estate from last 5 years started with rentals. as of now hold 15 rentals units (all 1-4) here in California and Ohio. this is the first time I am trying to invest ...
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Talking about BRRR in Oklahoma City (OKC) here. How do you get the appraisal up so that you can get the most on your cash-out refi? Will appraisers take into account rental income? I mean, if I have a house that's bri...
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I'm interested to hear from others on how they have successfully raised money to purchase multi family deals. Currently I have a small network of investors, but I am limited to just over $1 million. My goal is to pur...
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I've received an appraisal back of my property which does not account for livable square footage of my ADU. The main building's square footage is ~1900 and the ADU is ~400 for a total of ~2300, but the appraiser is u...
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Hi Everyone,Im looking to invest in SFM (less then $125K, 3Beds) in the Birmingham & surrounding areas. In my research so far, Birmingham seems to have potentially good cash flow. However, the area has 2x the na...
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Hello guys,
I have a friend who has a home in a very prime location. It's literally across the street from a top medical university. My friend was living in this home up until his mother passed and has since moved b...