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I have an offer from a friend of my father to loan me $25,000 at 5% over 5 years. The money will be used as a down payment on a duplex I am looking to purchase. I am financing the remaining 75% with a traditional mo...
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What are people using to collect rent electronically these days?
A guy is building a 200 room upscale low impact (ecologically appropriate) resort in our tourist town. Will this help or hurt housing values? It will be the "biggest" thing in the town of population of 2600. There ...
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Here is my situation. i have found a seller who is willing to take 10% cash up front and owner finance 10%. I would get a loan for the other 80%.
The problem I am running into is that I cant find a bank who will len...
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Been reading some of the "So you think your a wholesaler" threads lately and both agree with most of whats said and see myself as one of the newbies.
I have had mediocre success with both a couple of rentals I curren...
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I've been living in Shanghai, China for the last 14 years where I was self-employed as project manager for start-up restaurants & bars while also owning/operating/investing in them as well. I finally moved back to...
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Hey,
Im looking at a 9BR/5BA in a college area in Philly and wanted to know if my numbers make sense. I will be using an FHA with 1.5% down and a 2.75% mortgage rate. The house is asking $395K but I would bid ~$383K ...
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Note: I used very vague calculations for this Duplex in Jacksonville, FL. I will definitely look into this deal more in depth as it passes the 1% rule (1.46%) and also the 50% rule (Positive $162) with a COC return of...
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Hello,I am in process of purchasing my second home using VA loan. The home is new construction and a few blocks from my current home. The builder is offering to rent my home so they can use it as a model home for 18 m...
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How would I buy a $1 million MF unit if I only had around 250k? Is it even possible? How are people funding all these 1mill + units? I contacted a couple lenders, but they've just been giving me the run around. ...