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Property Foreclosed, me booted & want to file in small claims, please advise
I am in VA. I am thinking of filing something will small claims but I don’t want to look stupid so please read on and tell me if you think it is worth it.
Started a new lease in Jan 2008. Now the lessor owned a lit...
Nick Merryman
What happens to the seller's equity in a foreclosure auction? Typical fees/costs involved?
So I have a seller I'm talking with a lot of equity in her house, but she's about to be foreclosed upon -- her auction date is scheduled for mid-January, so the timing is getting tight. We're going out to the propert...
Mike Lee
is a HELOC replacing mortgage a good strategy?
Hello all, Just bought a condo last year as a personal residence in Chino Hills, CA. I stumbled across some readings about HELOC's and how it helps pay the home mortgage down faster and paying less intrest. On top o...
Walter Pape
Find Equity own your own (DYI) for Direct Mail
Hello BP,I know of a few paid methods to find equity in homes to market to. I was wondering if anyone has a method or resources to estimate equity on your own? In other words, if you have information from the county a...
Jake Kucheck
If at first you don't succeed...
... then the late Aaliyah would advise you to dust yourself off and try again.
But how does this work with regard to selling your flip to your end user? If your first buyer is not able to obtain financing (fairly co...
Tyra General
Standing in for Realtors?
Hi,
I was told by a Real Estate investor who I can no longer get in touch with, that there is someone that gets paid to sit in the house that a realtor is selling until the realtor arrives? I'm guessing they were the...
Jacob G.
Not payed late fees on mortgage
Hi - If a borrower hasn't paid their late fee due 2 months ago - what can you do?
Kenny Wyland
Seller Financing CA FTB Form 593 for the Buyer?
I'm purchasing a new rental property and the Seller has agreed to do an installment sale (seller financing). The escrow company just gave me a copy of Form 593 which appears to say that, as the BUYER, I must withhold ...
Joshua Davies
International Tax Attorney/CPA
Are there any tax attorneys/CPA’s on BP with international experience?
I am setting up an LLC for rental property investing with 2 partners from the UK. I am under the impression that the LLC must withhold 35% as it...
Jason V.
Section 121 gains exclusion reported on what IRS forms if home was rental for 2 yrs??
It's my understanding that if there's a "partial exclusion", I'd use a Form 8949 with Code H...And if it's "fully excluded" and there's no 1099-S issued (which I indeed received no 1099-S), then I'd simply not mention...