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Whats the easiest way to learn the short sale process
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Ashley and I recently came across a listing with “possible short sale” in the title. If you don’t know, a short sale occurs when a bank agrees to accept less than what the borrower owes on their mortgage when the prop...
I am in contract selling one of my properties and would be doing a 1031 exchange using the proceeds from the sale. I have identified two properties that I want to purchase. I would use 1031 to put as downpayment for t...
Here is my situation:I bought an investment property and improved it. All-in for $200k cash. I refinanced it and have a mortgage on the property for $450k. I'm planning on selling it now and it should sell for abou...
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Okay...I have definitely been on a strong learning curve these past few weeks, and I'm feeling just a tad overwhelmed.
Ok, I acquired two contracts on homes that are out of the area through a seller who usua...
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Hi all- I am a week away from closing (maybe??) on my 4th investment property, a STR on a lake in northern NH. We waited 6 weeks for an appraisal that came in at half of the sale value. This doesn't bother me becau...
I’m closing on the sale of a duplex on Friday, and I’m trying to figure out how much I will need to set aside for capital gains taxes. How do I figure out my cost basis? What expenses raise my cost basis? For example ...
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Acquired property in Raleigh NC Briercreek, 150k, few years rental, paid off cash; titled personal name,
Selling 225k, want to buy a property elsewhere cash, look for deal, auction, and pay it in same cash, and live...
If you have high-value real estate on the market and someone brings you a buyer who closes the sale... what would you expect to pay that person as a commission or finder's fee for making the connection?
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Hi all,
I am purchasing a vacant lot that was previously purchase at a tax sale. The closing company said that seller does not have title insurance since most companies don’t insure tax sale. This property will fo...