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Should I take a loan from my 401k to put a down-payment on my first real estate investment?
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Hello fellow real estate investors,Our journey began with the desire to secure property for my fiancé and me, marking the next steps in our future. As low-income owners with a keen entrepreneurial spirit, we balance W...
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Hi, all!Am seriously looking at buy-and-hold investing out-of-state due to more expensive markets here on the West Coast. Am located in Washington, which is one of only 7 states in the US that has no individual state ...
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Hello BP, I’m new here my name is Brady. My wife and I are traveling healthcare workers. I work in CT Radiography and she is a CNA. We are looking to buy a multi family property close to where we are from for the firs...
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Does anyone know if it's possible to get a 1st Lien HELOC on investment properties? If so, what banks/lenders will do this? Any lenders have insight into this?
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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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I am looking to go from 3 single family units to 9 units total by purchasing these 3 duplexes down the street from 2 of my other rentals. They were listed for sale at $155,000 each and did not sell. He has since can...
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My husband and I recently decided to make an offer on a short sale property. We submitted our offer on January 11th expecting full well to have to wait awhile to get any sort of response. We were notified on the 14th ...
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Hey everyone, this is my first post here. I commit to being a very productive and active member! So far my wife and I have passively invested in multi-family deals. But, we want to start doing other kinds of deals A...
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BL: Purchased HUD property Dec 2013 for $32k, rehab costs and expenses were$34k. thats 66k cash of my own money in the deal. The good thing is that I dont have any holding costs other than utilities and property taxes...