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I've been wanting to invest in rental properties for a while. I am currently getting unemployment (got laid off from the oil and gas industry). I have been doing a few freelance marketing and public relations gigs. So...
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Hello to all BP members!
I'm a new investor I and want to go after short sales and foreclosures and flip them to a end buyer but from what I understand there is usually a 30 to 90 period before you can sale the proper...
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Hey All,Just came across Bigger Pockets the other week and instantly fell in love. Originally from Ohio where I bought, renovated and sold over 15 houses in a 4 year time span. Now in the tech capital of the world loo...
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*** I am not affiliated with Fortune Builders in any way. I do not work for them. I am not being paid by them for this review. This is my own personal analysis of my personal experience ***So I attended the Fortune Bu...
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Land Trust Assumable Loan?
So perusing things, I cam across this gem:
Making Loans “Assumable”. A non-assumable loan can become effectively assumed by using a land trust. The seller transfers title into a land trust...
Hi, I am a newbie investor and recently purchased (or thought so) a home in san bernardino, ca through an online auction.com occupied reo auction. I was the high bid on a property at $125,000 about 20% below market th...
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I am already working with a mortgage broker and have run into this issue:I own a SFR outright, but the last tenants did a number on it. I wanted to roll repairs into a note and borrow against the property. Appraisal...
Through a Land Instalment contract, took over payments of a house in MD in 2019. Currently, $260,000 are still owed on the mortgage. ...
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Hi fellow investors,I'm in a unique situation I have not had to deal with before and would like to get some opinions on the best way forward. Here's the deal:I have a single family home under contract for $25K, with a...
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There are positives and negatives of both systemsValue Add Positives:1. Cheaper acquisition price2. Greater ability to force appreciation.3. You get to pick the maintenance that you do, and you know what major mechani...