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Does the income you get from rent need to be applied to your new property in a 1031 exchange? Or only profits from the sale of your old property
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Hi BP,So after a few weeks of researching, I've settled on farming in NE DC and PG County Maryland to fix/flip. Is anyone currently investing in that area and, if so, what are your thoughts on the outlook for those ar...
Hello and thanks for reading!I am located in Wichita, Kansas and I think we have a potential short sale opportunity The seller has a very nice home that is worth $249k and she owes 165k. I believe she is 65k delinquen...
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I've been lurking around for quite some time and finally at a point to where I can make some major moves in real estate. Aside from capital gains that I have to offset this year, I am also now an W2 employee and fall ...
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I am interested in buying a defaulted note from Bank of America in lieu of a short sale, but loss mitigation doesn't know that that is possible. I am experienced in short sales and have recently heard several people ...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $205,100
Cash invested: $125,000
Sale price: $375,000
This property was purchased as a fun fix and flip opportu...
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I am new to wholesaling in the Nashville area of Tennessee and think I may have an opportunity to close on a mobile home deal. Need advice on the closing process? The mobile home owner simply wants to sell their MH bu...
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Hello, Im a first time investor living in california, I have an opportunity to purchase a SFR in Buckeye AZ for well under market value (Tax lien sale essentially buying out my partners) the house is a 2005 4/2 n...
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I am looking to purchase a property that falls under the minimum limit for DSCR but qualifies for a conventional loan. If I purchase this and quit claim deed it to my LLC, who pays the mortgage? Me or my LLC? Does t...
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Lets a you buy a property at a tax sale and it has a first mortgage with a bank lets say wells fargo (just for fun) who is responsible for the rest of the mortgage?Would I have to pay it since now I have a deed for it...