Short Sales Plan closer to finalization

According to a US Treasury spokeswoman, The Treasury will soon finalize the long awaited plan to expand its incentives for mortgage companies to use "short sales" as a way to s...

I have a seller that owes too much on his loan for a SFR-rental (in Chicago, IL) that brings in $1500 monthly via Section 8. The problem is he bought in the RE boom in 2008 and owes too much. He does however have a 40...

 I had some financial difficulties in 2019 and defaulted on 3 payments.  I was offered forbearance for 6 months in 2020. My financial situation improved in 2020 and have been making regular payments since 10/20. A few...

Hi,My partner's corporation and my corporation are in a JV that owns a note in Ohio.  The JV is in forbearance on that note.  The JV has been receiving payments (through a well known servicing company) on time since A...

I am proud member of Boaz Capital Group LLC. Here is information about our company.Boaz Capital Group is a group of six families. We are dedicated to providing education and practical application of financially respo...

I sold an FHA backed Condo in December 2020. I did do a loan modification in early 2020.  Closing went well - all monies were accounted for in the HUD settlement statement including the $2800 owed for the loan modific...

As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...

Hello Biggerpockets! 
I've done a little bit of research into looking into the ADA Disabilities act. Are there services that offer help for accommodating the tenant's needs? She's physically disabled and needs a ramp...

Hey BP community!I am considering gearing my next unit towards travelling professionals and I have a couple of questions. 1. Are you all typically taking payment up front or on a month by month basis? I assume this wo...

Most of the posts I'm reading are about people trying to buy short sells, so perhaps this is an opportunity for someone out there. But, I'm on the other end.

There are lots of foreclosures in the area so comparable h...