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I am interested in purchasing a property n Portland, Maine. I will be financing the purchase using an FHA loan so I need to have one of the units vacant upon closing so that I can inhabit it for one year in accordance...
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Long story short, I have a water front piece of land in NW Cape Coral that I have been trying to sell for nearly a year without success. Being an out of state owner, I don't know the dynamics of the market. Have thi...
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Investment Info:
Small multi-family (2-4 units) other investment.
Sale price: $120,000
Negotiated short sale
What made you interested in investing in this type of deal?
Homeowner called me d...
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Good Morning Fellow BP Superstars, I have a question for you smarter dude/dudettes! I am selling/closing today on a property I bought back in March of 2010. The property was my primary residence for about 18 months, ...
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signed contract for 125k 30days for closing ..... Day of closing! , seller's agent notifies that the seller has a 31k lien on his persons for refinancing his student loans (title company found this on the last title s...
Hi All,
I have never done a short sale (buyer or seller side) and have thought about starting to take on some short sale listings. So, I took a pretty involved short sale training class/certification (Certif...
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I all I would appreciate any advice from folks that have a background.My 1031 Intermediary told me to speak with a CPA and the CPA told me to speak to a tax lawyer.... I have been part of an LLC that has owned 2 adjac...
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My partner and I have owned this condo in Noblesville, IN (north of Indianapolis) since 2005. It is a 3/2.5 Condo (HOA non-gated community)We just listed for sale. Our first offer was from our long term tenant, he w...
Seller lied on paper about tenant being up to date on rent. It was disclosed that the tenant was up to date but she was behind 3 months at the time of the sale. The previous owner’s property manager was going to evict...
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BP family, I need your inputs here please.What kind of contracts or agreements you, as Virtual wholesaler, do with another wholesaler for your JV ?Basically, we work as follows..I'm virtual wholesaler, I do the market...