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I am selling a rental house I have owned since 2006. It has been a rental since 2012 and I was just notified the tenant will be moving out March 31.
So, I have a couple questions:
Should I talk to an accountant or h...
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Lately it takes forever to close a Short Sale. Does anybody know why it takes sooo long for a Negotiator to give an approval even if all documents are submitted and the Investor will get more money VS foreclosure? Whi...
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Hey guys how do you think this Bailout will mess with our ability to
Negotiate with Banks and Sellers? Too early to tell? Any thoughts what floor on prices will result? Are 2nd's protected by this bill? ...
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I’ve been researching this and need some experienced help
I am thinking of getting a broker license for my own investing/flipping. I’ve taken all of the salespersons classes, but have been reluctant to get the salespe...
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Both house and senate wanted that EXCLUSION OF GAIN FROM SALE OF A PRINCIPAL RESIDENCE (section 121 exclusion) to be modified to at least 5 out of 8 years instead of current 2 out of 5 years, In version that passed ho...
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I have a seller that may be interested in selling. But he would like to minimize capital gains from his equity in the property. Anything we can do to help facilitate that. Perhaps have him finance, and thus not one lu...
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Hey has anyone had any luck or experience at all in buying short sales in Atlantic city or Atlantic county New Jersey. I have found my self in grid lock in negotiations on a house I was interested in. Ironically the h...
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Hello! I was wondering how the timeline would work if you used a 1031 exchange to purchase a new construction. I am assuming the house would need to be complete and closed on within the 180 days, but I figured I woul...
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Hello All,
I'm trying to get some advice here. A client of mine recently put in an offer on a Bank of America property that was listed as "Active-with other contingency." Basically, in my area, that means it's a sho...
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I'll be brief.....I've been trying to get my questions answers from the site but I've been getting mixed answers. Just so I am clear, after I have the property under contract, am I supposed to leave an earnest deposit...