A few weeks ago, I won a bid for a property at a public auction. The property is owner occupied and just needs cosmetic repairs.It appears the owner defaulted on his taxes and the property was bought by a tax lien com...
Hello,
I'm putting my second house under contract Friday. I want to make sure this clause I have in my contract covers me FULLY if I don't end up selling the house.
Here it is:
7. DEFAULTS: If buyer defaults under...
Hello, lets say I get a REO under contract, and the bank accepts. A day or so before I tell the closing company I would like them to send the HUD and other paperwork to my title company as they will do a courtesy clo...
Hi All! I own a printing company. I purchased a commercial building a few years back and looking to refinance for a lower interest rate and to cash out. We also rent out a unit in our building. Here's my question:Curr...
What does everyone think ? Will commercial real estate hold up this time if stocks tank again or has it all become “risk on”’or “risk off” where all asset classes become correlated ???
Situation: A foreign (non-resident alien) owner of US in situs real estate (two single family properties) wants to transfer the properties to their adult child, who is a US citizen. However, to my understanding, there...
Hello Bigger Pockets family, I need your help. I found this great small multifamily property and I have an agreed upon price with the seller, my broker is working on the contract now. There is a finance company that...
By day I work a full 9-5 job but I recently started a career working for a broker as a licensed Florida realtor. On top of that, my parents have a few properties that'll be passed onto my name in the next few months/y...
I am in a bit of a dilemma and would love some BP feedback.
Was almost in contract for $10,000 cash purchase. Buyer backed out (was waiting for a tax refund that didn't add up).
Same buyer made a Land C...
I read on our state realtor association website that you are supposed to disclose to all parties that you are doing a 1031 exchange and include wording in the contract to the effect "seller understands that buyer is d...