If I sell an investment property for say, $500,000, using a 1031, can I buy two new investment properties for 200K each with 100K for repairs if it is wrapped into the loan?
Dear BiggerPockets community. Hope everyone is having a great journey in real estate so far.I have been looking for an answer for this question for a long time now, so I thought: "There is no better place to find the ...
Hi,
I might be interested in buying foreclosure in near community. the thing is that I can get title search done prior to buying that.
however, I possibly know that previous owner has 1/2 year of his dues outstandi...
Looking for some constructive investment community discourse as I've had a few clients reach out recently about settling transactions in 'alternative' currencies or trading for real property. This is not intended to b...
Hi Everyone -I may foolishly bid on a foreclosure from hell auction coming up in a week. It would be a BRRRR. This will be my first investment property in a long time. ARV is $345k to $375k.My max bid is $120k.It wo...
Hello, due to a hiccup on my personal credit history I am having issues getting approved for traditional financing outside of an FHA which I do not plan to use as I am not going to owner occupy. Anybody have experienc...
I was just doing my taxes and I realized I had paid for two appraisals ($800 a pop) for two refi's in 2019. Of note, I paid them with a credit card and they didn't appear on the settlement statement at the end.If I ca...
Out of curiosity, how many people are familiar with the NAR Lawsuit and what will come of it? What do you take of it? This is all just curiosity, from a realtor in an area with a lot of investors. Let me know!
I have a good friend (involved as I am with the Cub Scouts) and she's losing her business do to slow sales and nonpaying customers. It's heartbreaking for her and her husband.
She can avoid personal bankruptcy if th...
So I just got an email from someone that forwarded me a response directly from BofA regarding short sales:
[b]In order to process short sell, we required licensed real estate agent – for sale by owner is unacceptab...