I found the buying process really complex and long winded in contrast to buying in the UK and so set up Dream of Lisbon to help international buyers and investors with on the ground support in finding and buying properties in the Lisbon and Portugal as a whole.Would love to discuss the market, investment opportunities and speak to anyone interested in buying in Portugal.Thanks,Hugo

Greetings BP, as a new investor, I would like to share my doubts and receive your suggestions in the process of deciding where to make my first investment.

This is my issue, there is a part of the wholesaling process that is not clear to me, it's the process or steps after the property is under contract with the seller and before you get to the closing.

We specialize in working with REO, real estate agents & brokers, institutional & private investors, and homeowners, offering solutions that meet the unique needs of each project.At Nuovo, our core values are at the heart of everything we do:Vulnerability: We maintain open lines of communication, ensuring transparency throughout every project.Integrity: We approach every task with honesty and a commitment to doing the right thing.Innovation: We constantly seek new ways to improve processes and outcomes.Adaptability: We embrace change and are always ready to adjust to meet client needs.We believe in creating a fun, open, and trusting environment, both within our team and in our client relationships.

I'm currently in the process of closing my first primary residence deal in NYC, and I would like to ask for a piece of advice to the community.The current tenant of the Seller failed to move out by the closing date and the Seller decided to take a legal vacating process.Background- The current tenant of the Seller failed to move out by the closing date and I heard the tenant is avoiding direct communications with the Seller- Not sure from my end if the tenant is willing to moving out but struggling, or maliciously squatting- I have a vacancy contingency in the contract, thus I can back out at my discretion due to this issue, but currently there is no other properties that I want to move on to due to the market condition- The Seller is trying to take a legal action but it will at least take 3 months or longer, no promise to succeedAdvice to ask- My attorney could not negotiate to ask for a penalty for this delay because the penalty for delay was not included in the contract.

Each county handles this process internally - you'll have to reach out to your county.

However, I'm big on systems and processes so it makes me uncomfortable to change things up and not do an application!

Hi Anne, I'm actually in the process of underwriting an SLH DSCR loan currently, and it is scheduled to close within the next two weeks. 

If you're getting 80%, I’d love to hear what the qualification process looks like, since that's not something I've come across lately. 

Hi Heidi - When you sell a property, the IRS requires you to "recapture" the depreciation you’ve taken on that property but by doing a 1031 exchange, you can defer not just capital gains tax but also depreciation recapture tax.If you believe apartment complex is a good investment, with the 1031 exchange process, this can be a beneficial strategy.