Example: a rental cost about $100k, my mom and I each contribute 50k to this deal. If we want to purchase it under my name solely, how do we get her portion of the fund transfer under my name? Can she simply wire tran...

Question: Say there's a house that has 2 units in it. They rent for $700 each. On the market for 90k. I think it needs approx. 15k in repairs. 90-15=75k. I offer 65k and they take it. So 65k+15k(repairs)+3k(closing)= ...

Hi there, I'm brand-new to all of this! I have what will be my first house under contract, set to close in a few weeks! I've been reading Heather and Brandon Turner's The Book on Managing Rental Property. In the book ...

Tax time is quickly approaching, and that means an uptick in the questions about who is entitled to get the tax credit for "Subject To" deals. As David M. Hasson CPA, PFS of Seckendorf Hasson & Reilly CPA's, LLC n...

Hey guys, I know it's gonna be a pretty newbie question, and I've been trying to figure it out, which I think I kind of did but I'mnot confident.
I feel so stupid asking, but, anyways, here goes the question:
Let's s...

I am a tiny bit confused about what amount is due at the closing of a deal...Example: purchasing a multifamily for $350k.  Is the full purchase price due upfront? or just a down payment and the rest gets paid in insta...

I needed a place to shout about my hard won victory over IKEA comic instructions. My new kitchen base cabinet looks great and my mistake was small. Feeling good.

Hello!  I'm not sure if I'm using the right term, but is it possible to "re-mortgage" a vacation house on conventional terms.  Scenario:  I purchase a vacation house and close paying cash in full.  Turn around and mor...

Hi BPers!I can't seem to find the answer to this question anywhere:I am in Chicago and want to buy & hold as well as wholesale. Which real estate license(s) do I get? Agent? Broker?   Also, can anyone in the area ...

Hi all -New here and about 3.5 months into my all cash offer on a short sale outside of Albany NY.  I was told by our agent that there were three offers originally submitted to the bank, but the other two were lower a...