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I am planning to see property A to buy property B using 1031 exchange.In order to get top dollars for property A, I need to do some home improvements (paint, carpet, etc.)Is it possible get money from the 1031 exchang...
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So question,, I'm thinking of giving my insurance company a heads up.. or should I wait..My tenant broke his leg needed surgery and plate put in... He told me he was walking down the hill next to the paved driveway to...
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Hi BP!I am having trouble finding a good explanation of what constitutes closing costs. What factors effect the amount of the closing costs? Is it based on the sales price of the property or the amount of the loan? Is...
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Hi everyone. so I have some questions about a home that I want to buy. It’s kind of a unique situation because it’s my sisters home, but she passed away without having a will. The home is currently in probate. I have...
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We are working with an eager seller to take advantage of his 3.9% interest rate. Specifically in New York State, How strong is a land contract? Will a land contract transaction trigger the bank to foreclose (or requ...
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Will private/hard money lenders include timber value in the LTV when making a decision?
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Hello. This is my first post, and I'm just starting out in real estate. Please be patient if I am wrong in any of my assumptions.I own a home in Rotonda West, FL. HOA, no homestead exemption, because my primary reside...
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Thanks in advance to any/all feedback. I presently own a two family rental in the North burbs of Boston. I have a little over 100k in equity but the market here has been crazy and I was thinking of selling it to buy...
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Hello BP community, I have a bit of a tricky situation and am hoping to get some advice on how to best proceed with my first real estate transaction. I have recently put an offer on a multifamily property that I had ...
I have a friend who owns a home that needs to be renovated. No one lives there. (Left to him by his father when he passed). He has no motivation or knowledge on how to do the reno as I do. He is willing to sign a 5 ye...