I invested in bare land to develop. I have a full time job. I had to give back some of my lots and I am looking at substantial debt forgiveness. Can my debt be considered qualified real property business indebtednes...
Hi everyone,I'm a big fan and followed a ton of the posts. Right now, I own a multifamily property bringing in 2K cash a month (if I don't live here)...Right now, I live for free and make a few hundred bucks a month.I...
Hi BP, This is off topic but everybody here seems pretty keen on finding loopholes. I am in student teaching for my math credential and looking to repay my student loan debt. What grants or debt forgiveness programs c...
Can anyone shed some light on the new lending regulations surrounding student loan debt or direct me to where I can read the new requirements?My burning question is if my cash out refi app was already in the works can...
Lets say you have a tenant evicted or lease termination and they have $2,000 in damages charges beyond their security deposit. If one gets a judgement against the tenant for that amount can I forgive that debt and iss...
Hi BP Nation,
my focus is Not short sales, though I take them on when they are available (got one going right now).
If I wanted to put more short sales in the pipeline, would it be worth the effort? Are...
Hello all, I'm a new graduate and eager to begin my real estate endeavor but first I am considering how to handle my $120,000 student loan debt, which is currently financed through direct federal loans at 6.8%. I will...
there is someone i work with who claims to be a "short sale expert." she does this on the side. she says I can get a short sale on my wife's primary turned investment property without being taxed on the loss. When I t...
I received a letter last week from a previous employer about a pension plan I didn't even know I had. I have the option of rolling it over into IRAs or employer plans, taking a lump sum payout, or getting a monthly ch...
I'm pretty new to the rules and such of buying/selling notes, and I just had a question. You can go right onto fciexchange, and find NPNs that are being sold for huge discounts, sometimes under 5% of the principal owe...