I alerted the closing attorney and the real estate agent that I would not participate in closing due to some issues with my divorce from the co-owner/spouse. Since then, the closing attorney and the real estate agent...

Hi all, I'm not that familiar with the short sale process as I haven't done one yet.  However, my father-in-law is moving and he is interested in buying a short sale in Albany, New York as his primary residence.  The ...

I bought a property located in PG county of Maryland at auction.com. The contract says the Seller (in this case is the bank) at closing is responsible for delivering to the Closing Agent "The transfer deed warranting ...

how long does it take to get the owners to move out in California after buying a short sale? I understand they can stay for up to 12 months in a foreclosure (perhaps thats not current info). Can people stay another...

Hey everyone.  Yesterday I got a lead which could be very profitable.  Time is of the essence.  First, I will give a little background, and then the question.  The full situation will be posted by me on another thread...

Hi BP it's been a while since posted anything. I'm in the Market to do a 1031 Exchange in Massachusetts if I sell. Quick Question will I be able to-do a 1031 before or after the sale of the Property. Since I'm selling...

Hi - This is a very basic question. To calculate capital gains on the sale of a home, do I factor in the closing costs on both the purchase and the sale? I assume so but I want to be sure. So, assume that if I buy a p...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $305,000

Cash invested: $13,000

Sale price: $379,900

305k purchase price
4k closing cost
4k holding cost
13k re...

Does anyone have expierence wholesaling short sales on the MLS? I need some information on how such a deal would work.

**If this needs to be in the wholesale section, feel free to move it!

So far I've come across tons of great articles on both of these topics. I just wanted to put together a scenario and run it by you guys to...