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I'm selling my rental property soon and want to reinvest in a cash flowing rental property. I was Thinking about purchasing a duplex or quad in either Nevada or Arizona since it's cheaper to buy there than California...
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As Dodd Frank Act coming, I can see that LO investor should use MLO ( Mortgage loan originator) as our middle man to structure a deal. I used to close a deal in an attorney office. My question is if you put a MLO i...
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My husband and I have recently purchased our first rental property, a triplex with all three units currently occupied. The property closes march 31st, so we have a bit of time yet to get things in order.
I'm wonderi...
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We bought our first property last April owner occupied/conventional loan with 3.5% down. After speaking with our mortgage guy a few months ago he did a prelim pre-approval and said everything was good to go.Found a du...
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I've been studying Florida tax liens (certificates) for 6 months now. I've read and reread Statute 197 (the legal go to). I'm ready to make bids on a particular counties' auction which has 2,700 properties up. In c...
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I don't want to fall into the trap of buying because I feel I have to, but that said I've got cash sitting around drawing 0.01% that I need to do something with and this seems to be the best in my area, other than a d...
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This May my fiancée and I graduate college and will commission into the Air Force. Since we both did ROTC we each have access to USAAs career starter loan which is a $25,000 loan at an interest rate of 2.99%. If we ta...
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A restaurant owner is looking to buy one of our flips, bank appraised at $200,000, we are asking $230,000 and buyer is happy to pay $230,000. The extra cash the buyer wants to bring to the table is from the restaurant...
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Hi everyone,What advice would you give to someone who is new to investing in short term/vacation rentals. What have been some your experiences with this investment type and what would you tell someone who is intereste...
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I'm interested in how people are having success in increasing the margins that they make on rentals. I manage my own properties and I'm looking for some tips and tricks to do that more efficiently.