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Hey guys!! Rookie question here. Can someone give me a breakdown of the 50% rule using this example? I have already calculated it myself, I just want to be sure I am doing it correctly.
Purchase price- $75k
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Example: 400,000 purchase price 80% ltv 1st mtg.= $320,00015% ltv 2nd mtg.= $60,0005% down payment= $20,000Avoids Monthly PMI payment Very strong financing program for multiple reasons
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What color bandit signs do you think work best? White with Blue or Yellow with Black?
Also what kinds of catchy sayings do you put on yours? I feel like we buy houses just blend together.
I've been thinking about put...
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I have a triplex in Akron Ohio. This is my first winter and living in California I have some learning to do on snow removal and snow blowers. I have a tenant that just moved in that I am giving a break of $50 a month ...
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Hey guys,I am trying to do some bottoms-up market analysis. Figured you guys could probably point me towards a data provider that would have city level data exportable to excel so you can manipulate it. I don't mind i...
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Hi BP!I have 3 condos in San Diego that I'd like to refinance and take equity out of (to pay down debt). I estimate their combined value based on the current market to be around $900k.The goal would be to extract max...
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Hello BP community, I have an idea that may sound for some pretty idiotic / risky / not worth it etc,.. So, I would like to share with you all , hoping experienced or not, everyone comments on this.. Open to all ...
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Hi guys-I rented out a 400 sq feet studio apartment about a month ago, and today my tenant says there's a musty smell in the studio, likely indicating the presence of mold. As far as I know, there are no leakages in t...
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I am newbie investor currently based in London but relocating to Chicago in the next year. At the moment I am saving up for a down payment but still undecided on whether to target single families homes or multi-family...
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Currently looking for a multifamily building to buy. One came up in an area I want to live however the only thing holding me back is the year it was build... 1872!!! Should I stay away?