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After many years of analysis paralysis, I'm finally in a place where I'm ready to make my first real estate investment. My plan is to use my HELOC from my current primary residence as the down payment. For someone in ...
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Hi,We're purchasing our first property to turn into an AirBNB and were wondering if anyone new of a good resource / checklist of all the things we'll need to buy for it, from setting up WIFI to can-openers. Any good ...
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Hello BP Team,Throughout my decade long Military career I've seen dozens of friends unwillingly forced into the role of landlord or end up writing a check for thousands of dollars, $12,000 in one scenario, to sell the...
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Hi BP community, looking for some thoughts on how others have moved on to their second property after using an FHA loan on their first house hack. I purchased my first property a 2 flat as a house hack in December (20...
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I believe I've seen people here mention that they use an S-Corp to flip. I asked my accountant and he said there was no tax advantage to this (vs. an LLC). So I was wondering what the rationale was for the S-Corp.
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Hi y’all looking for some advice from any friendly loan Officers or other knowledgeable people. I’m refinancing my primary residence to take advantage of lower interest rates. Everything was going fine, closing date i...
Hi All, First time posting to BiggerPockets. I own a single family primary residence and a rental property, both in Cleveland, OH. One in Tremont, the other in Ohio City. I've noticed that going into 2023 my propert...
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Got our first booking through AirBnb. Guest left us private feedback (wrote it on a notebook and texted us photos), although she emphasized that she "WANTED" to make it public. Some of it was warranted, but some of it...
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Here's the situation that we're in. I am a doctoral student with:
[list]
little debt (car loan and 35k in student loans),
little assets (3k in an index fund, 7k in a target retirement fund/Roth IRA, 1k in individ...
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Hello all mortgage brokers, lenders, and financial gurus!
I am looking to buy an investment property in the $90-$145K range. Initial thoughts were to take a HELOC out with a family member on her home which we could g...