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Hi. I have a tenant who had rented a small 1 bedroom condo in Fairfax, N. Virginia for about 2.5 years. He is a federal government employee in Washington DC (working for HUD). Early August, he was 1 to 2 months beh...
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Hi BP community,This is my first post on the forums and I’m curious if using an FHA loan and only putting down 3.5% on a MFH for house hacking is seen as “less desirable” of an offer to a seller that may also receive ...
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My brother and I own a duplex in South Florida with both sides currently rented out. We currently owe about $15K on the property and Redfin estimates the value at roughly $650k.So we have a good amount of equity we'd ...
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I may be entering into a seller financing situation where the sellers offered us a portfolio of properties double the size we were initially planning on and offering to finance the down payment that we do not have....
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Is the main purpose of owner financing for someone to get into a property quickly and refinance or sell after some brief time. Most of the owner financing I came across have terms with a balloon payment after 2 years...
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Hello guys,I'm back after a long hiatus. Signed up at biggerpockets a few years ago but I wasn't serious and i didn't have a full time, consistent income.I live in the Toronto area in Ontario. I'm currently working fu...
Hello Everyone,I am new to bigger pockets and I am also just launching into my real estate investment career. I decided to start with wholesaling, and I went ahead with using the bandit sign method. I am currently loc...
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I just got a text from one of my tenants that they had to buy a car this month and they had to put down a hefty down payment so money is tight. She wants to know if she can pay part of the rent on the 12th. Rent was...
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What are these so-called backwards shortsales? One guru is claiming you can make 50k on one property. All you have to do is find a high end home, homeowner who needs to shortsale. This guru partners with you to buy...
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Just curious if any Houston area members have had recent success finding fix and flip deals on the HAR website? Good deals don't seem to stay on the market very long.