What are some of the consequences if I fail to find a buyer for a house under contract before the closing date?

Hi,
I am new to the game. I need some advice on a situation.I have a section 8 tenant who did not pay rent, was served a notice to quit by a Marshall. And then she had money to send.  I asked her to send it certified...

I’m a newbie Real Estate Investor so please be gentle. ;)Here’s the situation on what I’m calling Half Built House.A residential project manager decided to build a new spec house on a parcel which already had his curr...

I had a seller contact me wanting to sell his house. However, he already has a deal pending and it is currently sitting at a title company. He would like for me to buy the house now (I would try to wholesale it) be...

Hey Team -A little bit of background here is that I currently have 4 rentals in Sacramento and 2 in Houston as well as completing flips but have now decided to venture into apartment complexes.Just had an offer accept...

I was notified on Thursday 5/23 that the bank had requested my FHA Case ID# 3 days prior to the 3 year mark since my short sale. That in turn led to the bank determining that they were not able to finance a home loan ...

Hello BP,We are purchasing a new property, should be closing April 3.  One lease is up May 1, there are 3 tenants but only one wishes to stay.  She wants to move in her mom and sister.  I am happy to let them apply an...

I have an REO property under contract.  We were scheduled to close tomorrow, but the bank said that the sherrif's sale deed was not filed yet, so I need to wait until it is.  In the mean time my broker tells me that i...

We have a lake house in NY that we are currently leased until June 15, 2024. The renters have asked if they could buy the property. We might be interested if we could find a place we prefer in Maine closer to our chil...

Hello,This is my first time filing a Schedule E (Real Estate income)  and had some basic questions.1. I have a Townhome, what property type is this (1.b. on form)? SFR / MFR?2. My property manager gave me a 1099-MISC ...