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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?
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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 ...
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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...
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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...
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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...
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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...
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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!
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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...
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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...