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Hello All,I'm executing a 1031 exchange in September. I am realizing $300,000 from the sale ($100,000 profit). I'm planning on purchasing new property for around $270,000. That will leave me with $30,000 in "boot" wh...
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Hey BP, I am wondering if the is anyone who can give me some advice on my inevitable foreclosure or short sale of my current residence and bankruptcy. I'm trying to weigh my options and trying to figure next step.
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Hi BP Community,My wife and i currently own a co op (which we use to live in) but currently vacant. We are in the process of subletting out the co op for rental income. There may come a time where i need to sell the...
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I have a 1br condo in prime Dupont Circle neighborhood of Washington DC, - owned it for 27 years - could list it for $425k. Fully depreciated so $100k tax bill due at sale. It was long overdue for full renovation, ...
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I am doing the due diligence on a duplex in Central Maine (https://www.realtor.com/realestateandhomes-detail/46-E-School-St_Oakland_ME_04963_M42271-18089?view=qv) trying to determine how much the seller paid for the p...
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So last week I tried to get pre approved, because my goal is to house hack but I fell short because my credit and I don’t make enough, so I’m trying to figure out the next step to get my feet wet I have 5k available t...
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I have a note in Cleveland that has a judgment on it and 2-3 weeks ago I paid $2k to have our attorney process said judgment to foreclose. He has yet to get back to me with an answer as to how long that process will...
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I am completely new to real estate and have never owned a home.How long does it usually take to close a house? Do I buy a house and start making repairs on it for 750 hours right away to qualify?I want to do so to ded...
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I hv no real life experience with this exact transaction as buyer,, so appreciate your insight for action..- I'm sitting at kitchen table with seller.- I have a 2 page investor friendly contract, and prepared to use e...
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Had a seller call in that sold the property but it is still in his name and behind on taxes. He can't get in touch with the person that bought it and doesn't want to take that hit on his credit. Should I just go ah...