Is a transaction still considered a shortsale if it pays off the principle balance or more but is less than the banks payoff figure?

Hello,

I would like to ask a question based on what I have read and found.

I found a house for about $118,000, 4bed, 2bath, full basement, lets say, hypothetically speaking the house needs about 20k in rehab; and I...

I have a non-residential rental property that I leased out last year and I am filling out Form 4562 for figuring out MACRS depreciation(39 years MM, SL).  I assume the basis for depreciation does not include land.  I ...

I just had a call at my workplace and after a long conversation with this sweet lady she told me she has 3 properties and there's 1 that she need to sell ASAP. I freezed, I didn't know what to ask or what to do, so I ...

Hey all!  I've been reading a lot of the information on the site over the last few weeks, and figured that it was time to join.  My brother-in-law and I recently started talking about investing in some rental properti...

Good evening to all,I am a female from SW Florida and I am writing this post in hopes to maybe get some insight to continue on my road to financial freedom.I have been wanting to rent houses ever since I was a teenage...

Ok my office e mailed me a cool  picture of one of our developements its last year then this year I wanted to share it.. how exactly do I get it from my computer on to this site in a thread.. the little icons below do...

Hello everyone,I've been searching the forums to find out how to utilize the BRRRR calculator when a hard money lender is involved but can't seem to find a straight forward answer.   I would like to be able to enter a...

Hi everyone! I’m new here on biggerpockets and in realestate overall. Im an engineer student at a university and I’m planning on buy a house (my first) near campus that I can rent to 5 students. My budget for the hous...

Hey guys,Forgive me if I am overlooking something simple here, but my question is about the profit calculation that is a part of the BRRRR calculator.  I understand the Property Value, Equity, and Loan Balance figures...