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In my last post of 2015, Top 5 Reason to Buy Real Estate Not Named Cash Flow I brought up some reasons that investors may consider real estate a potentially sound investment due to other reasons than cash flow. Before...
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I know this check says $176k but I held $25k in escrow, paid $10,800 to the buyers agent, and had a $8k in a holdback that was released after I fixed a furnace at the property.This was a duplex that I bought in 2017 f...
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Talk to a lender and learn the rules of qualifying for a mortgage
You need to learn the rules that underwriters follow to be able to qualify for a mortgage. Once you learn the rules you can develop a plan to fit the...
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Hey guys,So I am just getting into the real estate investing industry and am looking to purchase a few properties. I have a private money lender I can turn to for covering the down payment on the properties. What I’m ...
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It's been a while i been on bigger pockets. Just wanted to ask anyone who sees this how did you get started in investing in real estate? I'm currently working on my Florida RE license and just wanted to know if anyone...
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Hello BP family,
I'm an overseas American looking to jump into RE investing.
I am currently considering two strategies.. Either turnkey sfh investing or apartment complex investing .. I'm investing for cash flow ( g...
So my wife and I own one townhouse rental property in Clayton NC and have about 200k-225k in equity. We have only had one family rent it and they have just signed for another 2 yrs ( once that lease ends they will hav...
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Twice a month I have been getting checks from Chase and Discover offering $10k, $12k at 0% interest for 12 months. I usually shred them on the spot but was wondering if I can deposit them in my account in order to sh...
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There is a property I was looking at priced at $875,000. It was appraised at $1,200,000 and that was with a 25% occupancy. The building was previously used for several businesse offices. The zoing was changed to resid...
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Hi All
I am new to this website and looking for help. I am interested in the real estate business but not familiar with the field at all.
My original thought was to do the whole "flip" thing....not sure how that work...