George P.
Tax lien --> Foreclosure --> 1031 ?
Good day y'allHere is the scenario.....I bought a tax lien in 2011, almost three years later I have obtained the judgement on the property and eventually the deed will be recorded into my name. Q: Can I sell this prop...
Linda Pena
Negotiating with Lender on REO
I came across a property that a client saw and went to check it out on the MLS. The property was not on the MLS yet, and I found out that the property was an REO. Being that their was a paper on the window of the pr...
Eddie Ziv
Short sale vs. REO What's better?
Common wisdom may argue that REOs are better deals than short sale. The market have been exhausted, the auction didn't produce results and now the bank is with the back to the wall trying to get rid of the property. W...
Silver A.
First try at direct marketing - hand written or printed?
Please help. I found some good ideas from searching, but there was not quite a tread like this.
Next week I'm planning to try direct marketing for the first time. Yellow letters to all mailboxes in an area with a sh...
Kevin L.
Qualifications needed for doing 1031 + 121 exclusion?
If the house that I currently live in was never rented out before (for many years now), how long do I have to rent it out to someone else in order to qualify for a 1031 exchange and the 121 exclusion together when it’...
Jeff Piscioniere
Using a HELOC for rental property purchase
Hello all! I’m involved in a partnership with 2 other friends and we are moving on to our second buy and hold rental. This second one that we are looking at has one of the partners willing and interested in using his...
Nate Graville
Young entrepreneur, high income, testing the waters with rentals.
Hey guys!Any help is appreciated. A little background on me. I am 21 years old living in Scottsdale AZ (open to connect, message me). I have been a hustler my whole life which is what turns me on to real-estate. I own...
Kevin L Owens
What comes first?
Hi CLE market & RE investors,As I continue in my newbie status an area of confusion is the order of the buying process after doing the number crunching analysis & choosing some properties to compare for offers...
Account Closed
House Rich, But Cash -and Credit- POOR! =(
when i recently made the big move from nyc to signal hill, ca, i could not get a mortgage cuz i write and wrote off most of my taxable income to uncovered medical costs (was blinded in both eyes couple yrs back while ...
Vik John
Would you lock the Rate now if you have closing in next 6-7 weeks ?
Hello everyone,I would like to thanks and appreciate for going through my post.SO, I just signed contract for a house for an investment and however seller wants closing on May, 26 and we have more than 6 weeks left. ...