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Good day, everyone. I thought I'd introduce myself instead of simply lurking. I have found a ton of great information on the forums, so I think it's time to just jump right in.I've recently located a house in my area ...
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I just closed on my first investment duplex yesterday. WAHOO! Here are some of the highlights:The bank financed EVERYTHING: They gave me a mortgage for 75% of the price and I was able to use my Unsecured Line of Cre...
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Hey everyone,I am graduating college in a week or so, and want to be prepared to budget effectively as I start getting real income for the first time. I'm curious as to how you manage your money, any apps you use for ...
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Hello Everyone,Although my message is long one, I would still like to kindly ask you to please, whenever you are available, read entire one. Typing everything needed is the only way to express what I am looking for. E...
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I'm a buy and hold guy with 42 units and I've built my portfolio by purchasing with no-money/low-money down land contracts and eventual permanent financing from my local bank. The process for how I structure my deals ...
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Hello all!I've recently had a couple forum posts regarding hard and private money financing, then financing into a mortgage, for a rental. I've slowly been learning both avenues and hopefully I'll have a better grasp ...
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Hey BP community,An interesting opportunity just came my way and I am having trouble analyzing this deal and deciding if it is the best usage of my capital. Here is the scenario (I will try to make it as concise as po...
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Hello,
My soon to be ex husband and I have a situation. We have our first house and bought a second home last year. The first house was swiftly rented out, but the rental payment does not cover the mortgage payment...
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Hi,I am new investor who owns both a duplex, and the current Single-Family home I live in myself. I put 3.5% down FHA on the duplex 1.5 years ago, and bought my primary 6 months ago with 5% down conventional. I live...
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I am seeking a loan, and I have a few options between a private lender and a regular bank. The terms are similar. What are the pros and cons of each?Will the private loan show up on my credit?And lastly, what are the ...