I put in an offer on a promising property and the SS listing agent told me that they had a great, aggressive negotiator (attorney) and could probably close in 45 days. I thought this was overly optimistic but I went a...
Good Morning Bigger Pockets!I am still trying to get a grasp on the logistic aspect of wholesaling from the time that you receive a phone call from a potential seller to the close of the deal. I'm having a hard time ...
Hey guys, so I have a cash buyer on one of my short sales that wants to close with the bank in his name. We already agreed to a price and he showed me his POF so I know he is serious. Now the bank is asking me to subm...
This is my first short sale, and I'm representing the investor in an A -B, B - C transaction, the investor being B.
The bank has done the BPO and verbally approved a price. My investor is almost on board with that. I...
Good morning,I'm selling a rental property which is excluded from capital gains tax under the primary residence exemption. We have substantial closing costs on the sale, primarily transfer tax and realtors' commission...
Getting feedback on a situation.Transaction of 4 million and buyer is putting down a certain percentage. Seller is agreeing to carry back 5% second of 400k fixed with a 30 year amortization for 2 years.Sellers comment...
It looks like I will be able to get a smoking deal on a property here in DFW that I might buy for myself its so cheap. Well, buy for myself temporarily. I was considering taking title and then sticking the propert...
Hi all,
We have been locked up in a short sale for a 2 family house for a few months. Everything finally seemed to have gone through but now the tenants say they can' move out on the closing date because the apartmen...
These numbers are crazy!
The closing on the sale of my Single Family investment home is December 28, 2015.<br><br>If I wait to cash the check I receive for the sale until after the New Year can I wait to declare it on my taxes unt...