Danielle Davenport
SB6 And Adaptive Reuse - Getting Top Dollar for your Asset
ADAPTIVE REUSEWhat is there to know?Urban centers, suburban regions, and rural areas grapple with a significant deficiency in affordable housing. Simultaneously, the repercussions of the COVID-19 pandemic, coupled wit...
Domonique Hudson
Realtor screwed up my check
Hi Guys/Gals,I have a wholesale deal in place on a bank reo. I got the property under contract at $54,500 and I'm going to wholesale it to my end buyer for 59k all cash using a simultaneous close. My escrow company ha...
Ken Adkins
How to do a double closing in a DRY state as a Wholesaler??
Hello BP,I'm a wholesaler in NC and have a deal that I want to do a double closing on without bringing any money to closing. I spoke to one attorney that said that's not possible in a Dry state but I know this happens...
Victor Parag
Wholesaling foreclosures & Power of sale in Canada & in general
Hi Everyone,
I took all the experts advise and partnered with an investor friendly Realtor. He has told me about a Power of Sale property.
How do I go about wholesaling a bank owned property (forecl...
James Bakun
How to avoid FIRPTA tax? and how to avoid withholding requirement?
Hello, I have foreign clients who own investment real estate in the U.S. They are looking to sell and would be subject to FIRPTA tax. Is there a way to avoid paying this? and is there a way to avoid the withholding re...
Tony Velez
Buying property number 3 cash reserves?
Hi,We own our primary home and a triplex. Our mortgage broker said in order for us to buy another property.... we would need 25% down. Plus 6 months cash reserve for our primary home and our triplex. Does this sound r...
Jay Levy
Property Swap - 1031
Has anyone had any experience swapping properties. I’m trying to sell a property for another property, Entity A owns Property 1, Entity B owns Property 2, we want to swap our properties so that Entity A winds up with...
Stephen Phan
Commercial Lender in Texas
Hey Guys!We are planning to sell our property in Los Angeles and do a 1031 exchange for something in San Antonio, Tx. We may have to get two properties, one commercial (8-10units) and one 2-4 unit building. Was wonde...
Clark Harbaugh
How to minimize taxes when dissolving partnership
We are starting the process of dissolving our investment business (LLC) that has two partners. We know we have to sell 1 property, but the rest will probably be distributed equally. My question is when we sell the pr...
Javon Rice
Is double closing LEGAL in Ohio?
if so, what title companies do it and if not what ways can I get around it