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Hello Everyone,I am new on the Bigger Pockets forum and I am looking for opinions/advice from experienced real estate investors on how should I go about buying my second property. First, let me give you a rundown on m...
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Greetings, BPers;
I understand we can use conventional bank loans (for single fam, and <4 unit MF) before they begin to dry up after your fourth or fifth loan.
My questions are these:
How long should one wait betwe...
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Hello everyone, I plan on house hacking a duplex. My private mortgage lender is allowing me to use a conventional load with as little as 5% down. Now, I believe, he is only allowing me to put only 5% down because I...
this guy will owner finance his house which is worth 200k arv. if i bought it for 180k and sold it for 200k i would still be making monthly payments to the owner BUT i would also have money left over because i wouldn...
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Before I can analyze a deal and calculate the cash flow, I have to factor in the mortgage payments. Do I call a bank to find out what my mortgage would be on property first?
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I see many houses for sale, that are stated as "Require 203k loan". I spoke with my mortgage broker and, I'm still not clear on the appraisal process. It seems to me that some of the numbers are based on the After Reh...
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Good morning BP community! I am hoping to get some clarification on @Brandon Turner's tactic on stacking multi-family. He says your first year buy a duplex, the following year a 4, then to an 8, 16 and 32 unit apartme...
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Newbie questions here; would just like some clarity if possible. My wife and I were discussing our finances and we included house hacking in the discussion. I was telling her about the owner occupied loan, living in o...
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I've been involved in the 1-4 unit side of things for the past few years and I'm curious to know what people typically pay on the rate for bigger projects. I'm talking loans of $3 million+. Things like 50-unit apartme...
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Hi, everyone. I have a solo 401K (I'm self-employed) with E-Trade. I spoke to etrade and all they would do is read the rules to me, not actually tell me what I need to do. So, it looks like I can borrow 50% of my so...