Vanessa Deluca
Assigning of a Sales contract
Hi...I was just wondering why a buyer would have "contract may be assigned" clause yet also state that they are still responsible legally/liable for the closing? I am just curious of the different reasons for this....
Dawn Vought
Default State For Property Listings
I've noticed that a lot of properties listed in the "Properties" tab are listed as Alabama instead of the state they are actually in. This makes it hard to do a search for properties actually in Alabama, for those of...
Kristi Harmon
How to remove bad odors?
I'm buying an old house that has unpleasant smells. All the carpets are ripped out and the old wood subfloors are exposed (i suspect that is where the majority of the smell comes from). I wonder if I should use odor s...
Aubrey P.
1031 a property to fund construction one one already owned?
I am looking to mitigate capital gains and depreciation recapture on an upcoming sale of a commercial building I own. Is there a mechanism to 1031 the commercial building I own into the construction of a new duplex on...
Nate Barbee
Cash out refinance to expand portfolio
Hello BP,
I'm cash flowing 3 rental units, owner occupant of 1. Just ran the numbers with my mortgage company to cash out refi up to 75% in order to round up capital for next investment. Numbers are listed below, let...
James Hunt
Unable to Cashout Refi because of grant on property!
I purchased a single family home 3 years ago for 48k I was able to get a "grant" that provided 15k used as down payment assistance. I put down 3k. My total mortgage on the home is for only 30k.
The home is now on se...
Thang Cao
Jason Hanson Craigslist Ad
Hi I've been sending out these emails in response to rental advertising on craigslist according to the theory suggested in this article: http://www.biggerpockets.com/renewsblog/2010/7/18/...At the end of the email, t...
David Krulac
Death Penalty provision outlawed in leases
http://www.parjustlisted.com/death-penalty-lease-provisions-eliminated-pennsylvania/
Scott Heitman
this deal is confounding
I own a property (halibut IFQ) that is worth $300,000. I bought it for $145,000 15 years ago. This year after expenses the IFQ earned around $20,000. I still owe the Dept. of Commerce $83,000. Principal and interest a...
Jeff Chen
experience with syndication PPM changed by sponsor
I would love to get feedback from the community about the practice of sponsors dramatically changing PPM to the disadvantage of LP investors and your experience. In one land development and multifamily construction an...