Timothy Gerdes
Options when lender won't allow deed to LLC
A few months ago I purchased a building with 4 townhouses in it in Texas. I created an LLC. I asked to use the LLC name for the title, but they told me to do it after closing. The loan was sold to another company. ...
Jessie Martin
Short Sale Approved...Settlement Scheduled...Now Bank Selling Loan?
I put in an offer on a short sale property in March 2013. The offer was accepted by the owner, contract signed with a settlement date of May 30, 2013, negotiator was assigned, and short sale was approved by the bank ...
Ryan Allison
Subject To / Taking over Mortgage
I'm looking at a deal where a subject to or assuming the current mortgage is in play (& honestly probably only way this would make sense) Anybody have experience with doing a subject to deal, especially in Connec...
Daniel Trzaskos
Offset Capital Gain Tax
Long story short I sold a rental I had and walked away with approx. 90k. For a variety of reasons I wasn't able to do a 1031 exchange. Was wondering if anyone had any advice to offset the capital gains tax I'm on the ...
Ben Kirchner
Closing date passed and never extended - Contract void?
(This deal is happening in the state of Missouri)- Agreed upon closing date was 7/12/21- Addendum on contract: "$10,000 CREDIT to be given, in lieu of repairs, and occupancy permit provided."- Closing date passed, no ...
Brandy Smith
Avoiding capital gains tax when selling home
Hi friends! Florida newbie here again. If I want to sign that “1031 Form” to avoid capital gains tax..how far in advance to the closing do I have to file that? I’m putting on the market in beginning of November when m...
Corey Dutton
Bank of America is a Nightmare to Deal With for R.E. Investors
For real estate investors who are trying to get a deal from the bank, the worst bank to deal with is Bank of America. It’s a wonder that B of A is able to get REO properties sold at all, given the extraordinary amount...
Chris B.
Experienced Investor new to site
Hi All,
I am experienced in short sales and I am willing to share some of my knowledge with those who are interested in this area.
Bye for now!
David Weintraub
PA "Title Binder" Questions
I've received a question on this, and researched it myself, but not having much success.When a property in foreclosure is purchased at Sheriff's sale in Philly/Bucks/Montco/Delco, etc, puts down 10%, the purchaser has...
Garris Covington IV
Short Sales
Hello,Big Pockets family members, Garris Covington here in Kenosha, WI. I am a newbie to the investing business. I have my first offer in just waiting to here back from the realtors. Lately I have been coming across a...