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As an example of the dynamic here, I currently have 67 people looking for rentals for $1,000 or less. There are 21 homes in the MLS. Oh that I had the capital to buy homes -- instant demand. Rob
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Hello Investors, Forgive me if this has been asked on the forum before. I have a rental I can sell for 400k in this wild market. I picked it up for 250 12 years ago. I'd like to use the 1031 to buy a rental an hour aw...
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Hey forum,I am not versed in this situation and am looking for some quick options to close a deal here....Property X has a mortgage balance of $75,000 in the name of the Husband. Property X has a quit claim deed in th...
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My Father in law sold part of his acreage (no house just land). This generated approx $300k cap gains potential. We asked a CPA for advice and they told us that if we can satisfy a transfer/sale of the property from...
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Here's the scenario:1) I bought a house 17 years ago in Tx for 45K. Paid off the note. Just sold for 90K. 45k capital gains.2) My wife owes 45k on a house she bought years ago with her ex. He quitclaimed the house t...
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I wanted to know if the lender or buyer orders phase I on already built commercial property and can i recently completed phase I be used from a previous escrow?
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Hello,My name is John and I currently live in Crown Point, IN which is an exburb of Chicago. I found this community after reading, "The book on Managing Rental Properties" which led me to the Bigger Pockets Podcast. I...
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To all my creative finance aficionados, I have a situation...I have a potential off-market deal in my hometown of Pittsburgh. A woman is moving out of her home but has only owner it for about 2 years. She doesn't want...
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Hello BP,I am being offered a property for pennies on the dollar. I would be buying the LLC which owns the property. It’s a good enough deal that I am willing to put in the work to try to get a settlement. The liens a...
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Hi there,I have purchased a SFR in PA 6 months ago (seller finance). It's been rented and the rent is paid on time.I was supposed to pay the balance off within 6 months but I am still not able to refinance in order to...