Hi Guys,
Quick question: is it possible to do a double closing on a short sale ?
having my buyer provide the funds to for both transactions
I received a call from a seller 2 days ago so I want to...
Hello BP friends,I want to sell a rental property purchased last year and pay long term capital gains tax. I understand it requires more than 365 days to pass from the day I bought it till the day I sell it.My questio...
BP peeps, I'm Would like to buy a home that's in a all cash auction. My plan is to renovation it and get it ready for rent. I have a few questions:1. I don't have the cash, but I could go get a personal loan for the a...
Hi everyone!
I'm a wholesaler who has gotten into flipping. I just flipped my second house and am trying to figure out how much money I made.
I have used a pro-forma profit projection spreadsheet provided to me by...
(I wasn't sure if I should put this here or in the short sale forum. I think it's more of a buyer question though)
I don't know about other people here, but in my area it now seems to be about 10 short sales for ever...
I have just been notified that I have been selected as the successful buyer in a short sale purchase. I have been offered directly by the seller a lease of the property until escrow closes. Is there any legal or maj...
I believe I understand the base calculation for the replacement property in general. However, I am not clear on whether paying broker fees outside of closing could make a difference or be (tax) advantageous in certain...
I'm selling a rental property for $232,000. There is a $60,000 loan balance owed on it. After commission and closing costs and paying off the first, I will net $158,000. 1. Can someone clarify for me which of the abov...
Hello, I am a Newbe to investing. I have been given some land to sell south of Atlanta, GA; with the funds going into a 1031 exchange. My first study has been the 1031 and now trying to decide how to invest the money ...
Im looking at a short sale SFR that i wouldn't mind purchasing. Im purchasing with cash but am short a few thousand of asking price. I don't feel the asking price is bad but would like to offer what I can afford now a...