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I often hear people say “I only had $10,000 and I was able to buy a duplex in a nice neighborhood with an FHA loan, you can do it too! It’s that easy”. Seems like this is disingenuous. They leave out closing costs, em...
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So I totally understand how to add value to a rundown property by doing the work myself -- it's good old-fashioned sweat equity (more properly termed "trading time for money.")What I don't understand is how it works t...
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BP Community,
In this blog post, I'd like to discuss my situation as a self-employed individual seeking financing for a new construction project on a triplex in Charleston, SC. Despite having a credit score over 70...
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Hello,
I must admit that I have been much of a non conformist most of my life, and I have not really followed the path of prim proper or clean cut. The past few years I have been dressing and grooming better in order...
I have a been eyeing a few deals which my birdog client seems to have no interest in, I thought maybe I would look in to wholesaling one of them (at least) thus, I have the following questions.
1. When I send a lette...
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After leaving a real estate workshop "No Money, No Bank, No Credit" They mentioned this idea called Wrap around.
If people do not know , this is basically you as the seller, giving the buyer the ownership of the hou...
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Hello,
I currently live in Philadelphia but may move in the future to NYC. I was wondering what would be some good areas to consider for a first time house hacker. It seems triplexes or quadplexes are the ones that a...
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Hello Everyone,
I am actually a young future real-estate investor (age 20), and I'm curious to know of the ways to raise money for my first Real Estate Investment? What are some strategies that you use or hav...
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Hey BP!Ok so, I know I don't post very often. But I've been reading articles non stop, trying to take in as much info as I possibly can. Now I like to think I have a pretty good idea as to how REI operates, and I real...
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Hello all!My name is Dustin Kroeker and I live in Santa Cruz, CA. I grew up in the Central Valley of CA in Bakersfield. I have also lived in Michigan (played for the Detroit Lions) and Seattle, WA (played for the Se...