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I need to update my place when the tenant moves out, but I'm not sure to what degree I need to upgrade it as that will depend on what Class it belongs to. But, I'm not sure how to identify what class my property would...
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I just bought my first duplex. It’s one bed, one bath, and both sides need renovating. I am wondering if it is more logical, time wise to hire out the work knowing it will cost more money but be on the market sooner f...
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Hi BP! Is it possible to use a hard money lender to fix up a property and then use a conventional mortgage to pay off the hard money lender if you want to move into the fixed up property as a primary residence?
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Hey all,
I'm new to rei so I need some advice. Looking at a house in PA, owner is free and clear on the home. Been vacant for 4+ years, no utilities on and he started renovations. Tore out some of the walls, the kitc...
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I'm looking to purchase a 100 year old triplex that needs a good 50K+ in repairs and updates (I'm still getting contractors out for more estimates and will be doing some of the work myself). Purchase price is $60K and...
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Hello everyone!I think it’s about time I introduce myself and share our story. I was born on August 8, 1982. Just kidding!I’ll fast forward.I’ve been reading around on Bigger Pockets for a couple years now, and this...
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Hi all,
Buying my first multi family, a fourplex in the Southside of Chicago. This is a turnkey property that will be completely renovated with brand new finishings and will be managed by the same company. It...
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What I found:I've been looking for my first 2-4 unit building in the northwest suburbs of Chicago for a little while now. I came across a fourplex in McHenry that looked like a good price but it had been sitting on th...
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Hope everyone is staying healthy and sane during these crazy times!So I have a situation relating to the U&O property transfer, or lack thereof, for my first rental property. I cash purchased the property back in ...
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Hi, I 'm a newbie, live in Maryland and looking to use my VA loan to purchase a Multi-Family to house hack and possibly use the BRRRR method . I work for the post office so my salary is ok but could definitely use a ...