I'm looking at a couple of short sales. The listing agents have told me that both will involve the services of a short sale negotiator who charges a fee of $7,000 that is added into the offer price. I understand that ...

We have about $170k in “bad” debt and our DTR is almost 50%. We are about to get $150k in cash from a business sale. Should we pay off debt or invest? I’m thinking pay off enough debt to get us to 30% DTR then invest ...

Hi, I am new here and have a question about taxes when selling an investment property.My husband and I own a rental property in Phila, Pa but want to sell it. What taxes will we need to pay besides the capital gains t...

If I offered "all cash" on a short sale and got it approved... will the short sale lender have an issue with me using hard money as part of my funds? Why would they? I've closed short sales before and haven't had this...

If you want to do a short sale but have never been delinquent, have no trouble making payments, and do NOT want the bank to forgive the difference, but allow you to make arrangements to pay it off (assume as a loan o...

I am looking to sell a rental property and have a mortgage and a HELOC (Home Equity Line of Credit) against it currently. If I were to sell is the profit (taxable amount) considered the sale price minus mortgage + HEL...

Quick scenario: parents have about 20k left on their mortgage, paying over the next 5 years. Low income, barely break even cash flow. The house is in dire need of repairs. They don't really want to move, and we'd like...

My wife and I are about to sell our old house (already living in another one) and we're looking to make a good amount of profit on it. My question is: Do I pay off my student loan or my rental property?  
Rental prop...

Is there a way to estimate a default amount from a senior mortgage lien before biding at the HOA foreclosure sale ?

Hi BP,I sold my property in CA for 755k and bought a property in Houston for 400k. Now, after months of trying I could not find another property to buy. So now I have a boot of 355k because I didn’t find anything else...