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Hey all. My husband and are under contract on a great 2 flat with illegal basement unit off of Logan Blvd in a desirable location in Logan Square with a lot of rental demand. We got it for $635k, thinking we'd be able...
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I've been listen to Dave Ramsey the past months. I've learned alot from him. He's very knowledgable about Real Estate and having financial freedom. But he also don't agree with financing. He constantly stress get rid ...
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Hi, I'm putting up a white paper. This white paper tries to capture the research I did yesterday. Basically, my wife and I endured a failed JV. In the JV, we drove-for-dollars and collected 1,000 addresses. The pa...
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I'm just starting to set my goals and plans into real estate. My wife is all in favor with me. But I would like to involve her too, but she is not interested at all. She is a part time student, part time job, and part...
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We're getting closer to pulling the trigger on our first buy/hold deal and as I run the numbers with multiple financing scenarios, they just don't look right. Once I factor in the costs of financing/investment basis e...
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Article by Joanne Scoratow
May the REAL lenders step forward please.
The number one question I get asked by a new mortgage broker is, are you a direct lender? This is an intrinsically important question that ...
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Hi BP folks, I am looking for some creative ideas to refinance an SFR I just BRR'd. Here is the back story. I have a fourplex and a duplex that I bought last fall (2016) both are fully occupied. I wanted to try the BR...
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I made a cash purchase of a SF hurricane Ida damaged home. I'm in the middle of the flip. Looking for forum feedback to help me understand if I've made a mistake or am on the right path still. All thoughts welcome, d...
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I've got a potential duplex deal where seller owes about $115k at 2.5% and is tired of the headache. They just want it gone, and are open to me making payments to them. The initial price they threw out was $240K, wh...
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Hello, I just purchased a fourplex in Inglewood CA. I'll be living in one, my mom in another, while the two others will be STR. I'm wondering if anyone has any advice on how to proceed from this point as we will be ...