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Do you only need a portfolio lender after the first 4 conventional loans? Is there any benefit of going with a portfolio lender before the first 4 loans?
My name is Jon. I’m a father, husband, and friend first and foremost.
My career has been primarily focused in a sales capacity, most recently in the enterprise Software-as-a-Service space. I have specialized in comp...
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Hello BiggerPocketeers!
I was in the works of acquiring a second multi family property through a creative way of financing it. First, the seller (relative) would have held the note for 20% for 24 months while I acqu...
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I'm speaking with a gentleman that owns a 3down/2up duplex with current rental income of $2500/month (he lives in the lower unit so rent rate is based on comps). He owes $110k on the property and his present payment i...
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My wife and I are working on getting started in investing. We have been approached by a lending company for funding to help start our business and fund deals. We are approved for a good amount. Only thing is it is ...
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Hey BP fam,
I have a quick question: Has anyone had experience with a Residential Mortgage Loan Originator (RMLO)? I was speaking with a property owner who is open to seller financing, but mentioned that I need to ...
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Hello all, I am new to the community as well as being the lead in real estate investments.My sister and I currently hold 3 properties next to each other in Riverside County, California (we'd like to get them in an LLC...
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Hello all, This will be my first post on BP, and will serve to pose a question to overcome my first hurdle on the road to owning and home and gaining beautiful equity. I'm 24, working in the Texas oilfields, have a Me...
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Hello everyone!I’m a new investor that is looking for my first deal.I have come across a duplex listed for sale by owner for $135,000. Both units are already rented to long term tenants for $750 a month. Location is S...
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Hi Everyone!
I got into REI at the beginning of the year, partnering with my brother and his wife. Our initial goal was to purchase one property by the end of the year. However, after 2-3 months of researching/self-e...