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Hi BiggerPockets,I was recently having a discussion with my father, who is 60 years old, about leaving the rat race and starting to work for himself in real estate. He has been a Chief Marketing Officer at several dif...
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Hi, first time poster, please let me know if this is a good plan....I'm planning on purchasing a 1M property with a 400sq ft garage. I have enough for 20% down, but rather I will put 10% down and save the remaining 1...
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A contractor (plumber by trade), long time family friend and I have been discussing different REI projects that we might be able to work on together. He does my plumbing work so I am familiar with his quality of work...
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Hi, I am trying to refinance out of a bridge loan and am pushing to meet the mark on income. My CPA suggested I use my W2 and my Rental Income and basically not claim much if any of the tens of thousands in expenses t...
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I’m under contract on a duplex in Florida and the lender I spoke with is requiring 25% down because it’s an investment property. They said this would be the case with most if not all lenders. Is that right? I’d like t...
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Someone out there please give me some advice about the HELOC I took on my primary to buy my STR. It’s at a variable rate and just keeps rising. We owe 178k and the interest only payment is $1455 this month. We have on...
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I have followed Garrett Suttons advice for starting a corporation out of state. If you are not familiar with Garrett Sutton, he is one of Robert kiyosaki "Rich Dad" advisors He advises everyone to start an out of st...
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Hello BP community,I'm currently a college student in Boston and would love to get started in REI. I've made a plan to save up money while in college to buy my first House Hack once I graduate. I still wanted to get s...
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Investment Info:
Townhouse buy & hold investment.
Purchase price: $255,000
Cash invested: $20,000
Townhome located in Salt Lake City that has generated an incredible amount of income.
Wh...
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Good Morning, Fellow Bigger Pockets Members - I'm still somewhat new to the real estate game, and am looking at venturing into the (pre)foreclosure market. I am open to any and all advice. Two specific questions: 1 - ...