Hi Everyone!I'm a pretty young and inexperienced investor. I've only completed one wholesale deal last year 2018 (I made $8,000) through an LLC I have. I'm trying to file my Maryland annual report before the due date ...
I am a new REI and i am still having some difficulties understanding how Double Close transactions work? The contracts needed and so on. Can anybody help me?
Hi
I have a rental property I am planning to sell and use the proceeds to buy a 2nd home( through 1031 exchange). I know 2nd home use for personal use doesnt qualify for 1031 exchange. However my question is what if ...
Is it possible to wholesale a REO property for more than double of what you have it under contract for with out doing any fixing as long as there is enough equity.
example:
1) Put REO under contract for 30k.
2) Hou...
Lets say i make an offer with a POF/LOI to the holder of a property (bank). I will also be using transactional funding to double close as I havent found a title company in SD to do simultaneous closings anyway... Lets...
Hey BP,There is a condominium complex in my local area that seems to always have three or four units up for sale on the MLS simultaneously. It's a pretty huge complex with maybe 30 to 40 units total on the entire grou...
I have under contract two different properties requesting a 1031 Exchange. Is it allowed to play “MatchMaker” aka Wholesale, by bringing the two together, assigning my interest in the transaction and collect an assign...
I am currently doing a house hack in Moon Valley Phoenix AZ. Pretty much the same model Ben Leybovich outlines in his book (which is terrific). I had a question however. Would it be possible/practical to rinse and rep...
Actually i have one question
I have been living on one house on lease option contract for 5 years and predetermined price was 120k.Now its been nearly 3 years and i have found one potential buyer who can buy this hom...
I am in talks with a multi-family owner who would like to sell me his property, but stay on as a 20% owner as I re-position it over a 2-year period. This raises some tax questions for me. This property is in New Hamps...