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1 January 2020 | 15 replies
Somebody once said it's not the fall off the cliff that's a problem, it's the sudden stop at the bottom.
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5 November 2013 | 33 replies
Suddenly the terms "permanent dwelling" and "permanent residence" began appearing in federal regulatory language and we were stuck.Then Dodd-Frank soon followed and all hell broke loose.
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16 September 2009 | 12 replies
So I am having a good time flipping short sales using my option agreement and suddenly I have my first lender throw a monkey wrench in my closing because of seasoning.
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21 August 2018 | 2 replies
It’s rare that I have a real estate question that doesn’t return useful results on a simple search in BP.This doesn’t.So here’s my situation:I’m closing on a duplex tomorrow.I went under contract on it 6 weeks ago.However,I recently found last week that I have other pressing needs for the cash I was going to commit for the downpayment.So 3 days ago,I asked my agent to list one of the other properties on my portfolio for sale in order to raise that cash.Except that I suddenly realized I could have done things in the exact reverse order and just 1031 exchange the properties while holding the cash I will now be wiring tomorrow as downpayment in the duplex purchase for my other liquidity need.I called my attorney.He says there’s actually something called a reverse 1031.But he’s not sure if things can be arranged in time now since the duplex closing is tomorrow.Has anyone else done a reverse 1031?
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21 July 2020 | 5 replies
You have to sync up your draw schedule with your contractors to your draw schedule requirements from your hard money lender.Do they have a track record of closing on time and not backing out of deals ( some are undercapitalized and suddenly do not have the money to close).What are the costs involved if you cannot sell or refi the property by the end of your hard money loan agreement?
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28 February 2019 | 10 replies
that doesn't even scratch the surface of why now all off the sudden they need to do an entire property code inspection now when i try to pull a permit.instead of in july when the previous owners pulled permits.
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19 October 2015 | 6 replies
Being denied fueled my ambition and I suddenly felt myself hungry for more knowledge.
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10 February 2020 | 22 replies
You think hotels just suddenly lower their prices on rooms because the hotel tax was changed?
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5 November 2008 | 0 replies
What was happening earlier that suddenly there are more sellers and few buyers in the market and people are finding it difficult to sell properties?
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11 February 2019 | 26 replies
Between January 1, 2000 and April 15, 2000, the dot-com bubble started to deflate and the quick millions in their trading accounts suddenly turned into big losses.