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Will a bank lend to someone with low credit for a duplex that cash flows? I can come up with the 20% down but that means not paying down my debt and therefore continuing to have credit in the low 600s. Any creative su...
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Currently have a primary residence, a vocation home/vocation rental and a rental property, and had a loan on each of these three properties. Would like to buy another rental property but debt/income ratio is too hi...
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heres a loaded question that i felt like made sense to put in the Lending category. me and my father are partnering up to build a large real estate portfolio. full transparency I'm sitting at about a 590- 600 credit s...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $489,000
Cash invested: $25,000
Renting the first unit to tenants. Living on the second floor and running ...
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I have a unique situation, probably more unique to me since I’m newer in my real estate journey.I work as a construction manager for a home builder in Texas. I’d like to buy a lot and build my own personal home, using...
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Hello to all out there in the BP community! I'm a very new investor and am wondering if I could get some help analyzing a potential property - I've been using an excel spreadsheet I found here on BP, but being new, I'...
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My gf and I are in a situation where we have the option to choose between FHA or HomePossible. In either cases we would be putting 10% down and planning on refinancing out of mortgage insurance in about 2 years, after...
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First time forum poster, long time podcast listener. I have yet to step my foot into real estate other than some small crowdfunding and REIT funds—primarily focusing on career advancement/income and stock market inves...
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I'm getting conflicting information on earnest money down for getting a property under contract. I'm told that 10% EM is the standard in TN and that you have to prove funding before you lock a house under contract. Is...