Cristal Ochoa
PennyMac Loan Transfer to LLC
7 January 2025 | 5 replies
You have three choices...transfer the property and keep the loan in tact hoping they won't trigger due on sale, refinance into a loan that allows it, or simply leave things as they are.
Larry Bailey
New kid on the block
17 January 2025 | 4 replies
(The Black Friday sale on the Bigger Pockets bookstore was where I did my own Christmas shopping so my family knew what to ‘buy’ for me!).
La'Terrius Campbell
Wholesaling Text Blasting
19 January 2025 | 10 replies
How is a text or call to a homeowner who is advertising their property for sale considered an unsolicited contact?
Tim Hem
Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
So if I understand this correctly, by qualifying to extend the 5 year rule to 10 yrs, $250k if single or $500k if married of proceeds from this sale would be exempt from capital gains?
Clay Schlinke
Savannah Circle with a 3.75% interest rate
22 January 2025 | 0 replies
Duplexes for sale starting at $585,000 with a 3.75% interest rate.
John Lasher
Fix and flip
22 January 2025 | 1 reply
Purchase price: $341,000 Cash invested: $136,000 Sale price: $519,000 A house that I bought, renovated, and sold.
Deepak Malhotra
Fourplex in Georgetown, Texas, one of my worst deals
15 January 2025 | 8 replies
@Deepak Malhotra based on your sales price, I assume this was also sold many years ago.
Khyree Randall
Wholesaling around a 9-5
22 January 2025 | 4 replies
In the last 18 months various states have instituted new rules, regulations or laws related to (1) need for licensure to wholesale (2) restrictions on marketing of a property in which you do not have ownership and (3) disclosure requirements when dealing with a homeowner that makes it clear to the homeowner that the contact signed with the wholesaler is not a definitive “sales” contract, therefore making it less likely home owners will sign4.
Vaughn J Smith
Single family home (former rental) for sale in slow market
20 December 2024 | 10 replies
I dont know the market in Las Craces.....but in the DC area, we definitely have a seasonal adjustment on sales, and if the property was here, it would have been listed at the worst possible time.
Zachary Rosa
1031 or not!
11 January 2025 | 7 replies
To see how much a 1031 exchange will benefit you in a sale you must first calculate the performance of your current property.