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I’m currently pursuing Multifamily deals 10-50 units in size and am curious how others are treating in their own analysis line items that sellers vary in how they are presented. For costs associated with unit rollover...
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Hello! I am receiving conflicting information and am hoping someone here may have insight:I bought a home in 2000 for 133K. In 2010 I moved and rented the home out. I am now putting the house up for sale.1) When talki...
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Hi BP Community,
I was curious if anyone has purchased timeshares at a tax auction? I have seen some timeshares at places like the Four Seasons in San Diego go for $100. I know you are responsible for any liens and...
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Hello, I'm asking for my in law. His selling a property in NC to buy another in IL and we'll like to know if the new property price should be based on the value of the house that's about $319k or on what he would keep...
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I have a condo in Houston, Tx that I own outright and have been renting for several years. I am looking to sell this condo and use the proceeds to purchase a multi-family property through a 1031 exchange. My question...
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i have a seller that would be interested in wholesale lease option but may go into foreclosure and has to be approved first. how can i go around this?
would traditional wholesaling be the best option???
also too,...
I'm selling my lot at a huge loss but can I also take my years of property taxes and HOA dues, mello Roos fees, architectural plans etc. etc. etc. ? I have a large gain on a condo against which the losses would be useful
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Long story short: Guy called me w/a 4-plex that's in pre-foreclosure..it needs slight repair work but he doesn't know the ARV or the amount of repairs. He's open to offers and there are 2 liens on it, one for $360k an...
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This is a rather broad question which may be covered by respective statutes, however is there a maximum interest rate/penalty levied for tax lien redemption? I am curious of how high a principle interest rate is possi...
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Hi,
I have been doing a lot of research and have decided that I would like to start with Wholesaling and Short Sales. I am prepared to puchase my first house and am wondering if it makes more sense to make it my pri...