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Under contract for a house which has an unserviceable pool I was planning to demo after closing. I am using conventional financing and the appraisal came back that the pool presents a safety issue and must be remedied...
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When selling a rental what is the process of deferring capital gains? My understanding is you set up a trust for the money to go into after sale and then keep it there until you purchase new property. How much time do...
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Hi guys! I am wanting to start investing ASAP and I have recently started a property management position. I am 18 and in the process of getting my KY real estate license but I really want to go ahead and invest. I hav...
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I have a prop mgr/agent who assists me in purchasing properties. She sort of frowns on the unapproved short sale listings, no doubt since they take a lot of work with highly uncertain outcome. I sent her a note today ...
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My fiancé and I are looking to buy our first investment property, a duplex under and FHA loan. We recently through out an offer and the seller accepted with a contingency on a 1031. Our real estate agent has advised t...
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We are purchasing a property from an estate in new jersey. Seller says the lawyer handling the sale wants credit card payoff letters for the decedent, from the seller before setting a closing date. We are 45 days p...
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Anyone had success with offering a selling realtor a bonus for faster sales...or is the sale of a house just dependent on its price and other factors?
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I have a purchase agreement with some homeowners in a short sale situation. There were 2 banks involved and the big national bank tried to foreclose but didn't know about the other local bank that was going to fig...
Any creative ideas on finding good short sale opps? Has anyone had luck staying in touch with short sale negotiators or attorneys to get a jump on any new deals or some that fall through with the initial buyer? ...
What would happen If I get a short sale property under contract and I can't find an end buyer and I didn't put a down payment as advised by people on here what would legally be in danger of. What would I owe the bank ...