I have two notes in default. I've done multiple transactions with both borrowers. One is in a judicial state and the the other is in a non judicial state. In both cases the borrowers have offered to Quit Claim deed th...

@Mindy Jensen You mentioned you wanted the story of the deal that was held up because the seller was in jail...here you go! :)This post has been a long time coming. (It’s gonna be pretty lengthy so settle in or save i...

I'm going the FHA house hack direction with real estate investing and have been pre approved. Live in it for one year then save up and purchase a second property somehow. The current interest rates 6.9%-7% kill my num...

Here's the challenge: I have a few cash buyers in place ready to go on 2 short sale deals in my pipeline.

Yesterday , my attorney says that she thinks there is going to be an issue with double closing on these as the...

Hi all,I'm fairly new to MF/small apartments and have typically focused on smaller deals, 50 units or less. Recently however, I've been introduced to some much larger deals (100, 160...). I've been told that I may hav...

I’m a real estate agent and have been approached by a neighbor who is in the very last stage of foreclosure (within the month). We are meeting with them tomorrow to discuss and view their home. At this point we couldn...

I recently assumed a mortgage with build in equity. I'm planning to turn around and sell this property and I'm curious as to what my cost basis would be for taxing purposes. Just to make this simple. I paid $30 k to g...

I completed a 1031 exchange two years ago, but found the strict time limits made it difficult to find a good deal. It often feels like either selling high and buying high, or selling low and buying low. I sold one pro...

Hi everyone, I'm Kari, I'm 24 and I graduated college last year. I had a bit of a career pivot my first-year post-grad but just started my first $60K marketing job this month. I've known since about half-way through c...

Today's topic is a springboard off of @Lisa Phillips a Phillips Phillips Phillips excellent blog series, episode 2 on incorporating.

We will be doing business in NY and, with the advice of our attorn...