I am purchasing a house from my parents under market value. FMV is $450k. My parents need to net $310k from house once everything is done. The lender is suggesting a sales price of 450k and a loan amount of 326k with...

I am looking to purchase a property through Homesearch in Illinois.  Nationstar received a sheriff deed back the middle of 2014.  Subsequent to them receiving the deed, both the city and the local sewer district have ...

He wants to put me on his shares or shall I say stock in the co-op so it would be basically 50/50 in the unit.  my question is just how would this affect me at all because I currently own no real estate but I plan on ...

I need each rentor to pay their rent to a specific account (for asset protection)... Whats the best and most effective way to collect rent?? 

Hello BP Fam!I am reaching out looking for advice from my direct-to-seller comrades in the small multi-family space as well as any individuals who are operating within the real estate as a business vehicle (compared t...

Hello there! Could someone give me a little more color on the new Fannie Mae guidelines for initiating a cash out refinance? Would love any thoughts around how BRRRR strategies are changing with this new update! https...

So, I hate clutter.  The only thing I hate more than generic clutter, is paper clutter... so I became a landlord, since that obviously meant I wouldn’t have to deal with paper. I own a couple rentals in Oklahoma City,...

YES, it's true! This waiver, which takes effect Feb 1st of 2010, is limited to those sales meeting the following conditions ....

here's the HUD link with specifics:
http://www.hud.gov/offices/hsg/sfh/waivpropflip20...

Hi Everyone!
My mother would like to gift her $850K house (100% owned; no loan) to my wife & me. At the same time, my wife & I would sell our $1.5M house ($1.4M is equity), and use the proceeds to 1) transfer...

Has anyone done a reverse 1031 exchange, esp in CA? Do you have any advice for someone who intends to complete this type of exchange and a company that would do this?  It's hard to buy homes in the bay area, so that's...