I am looking to scale on my sandwich lease options (purchase) deals this year. I also want to really make sure to do everything by the books. I do not have a real estate license..yet. What is the legal way, pref. in P...

I have a house now that is very behind on payments. I want to give the owner some money and fix it up than sell the house. I think the best way to go about doing this is to give her like $5k and get a contract with an...

Hi BP I live in Georgia and I am in the middle of deal I put under contract subject to with the seller who is in then process of a loan modification and I am selling it with a lease option with the buyer that I have u...

Hi;

I remember reading somewhere that you could write the purchase price on a "subject to" deal as "principle balance on close date" if you plan on taking over the seller's house and all equity.

I'm not interested ...

Hello BP!! I've been a member on BiggerPockets for a few months now mostly absorbing information as I'm sure everyone does when first signing up here. I'm 26 years old Chicagoan, and have been fond of real estate...

If I sell a house that was a rental for 2 years, can I use the profits to purchase a personal residence (without a capital gains tax)?

Rental House: sell for $200k (gain = $50k)
Sell through a 1031 exchange?
Purchase...

What’s the best way to draft a purchase agreement without realtors? I’m attempting to buy a house from an elderly family friend who would like to sell the house to me. We aren’t involving agents, and I need to draft a...

Hi all,I've been reading about the Passive Activity rules that prevent passive losses (eg Depreciation) from being offset against ordinary income. Unless of course, the taxpayer shows material involvement and claims t...

I am interested in starting a flipping business with a friend.  This friend is already a successful flipper, but needs more capital (so we can buy at auctions, etc., for cash).I lost my job of 28 years, and have a 401...

I have seen many posts warning not to get involved in monthly option credits in view of Dodd Frank Act. I have downloaded the entire act and would like someone to direct to that section that deals with monthly leas...