I presented an owner with a sub to deal for his home and he asked how will the monthly payments he would receive for his equity effect his social security income.He is afraid it will show he is making too much money e...

So here's the situation:

1) Non-owner occupied.
2) 1st and 2nd TD.
3) Not delinquent on payments.

My questions:

1) Is a SS possible w/o being delinquent?
2) Property is in CA- is a deficiency judgment possible on e...

Here is the deal, I am selling a unit I have had for 20 years and lets say it goes for 350k. I have a property I would like to buy for 610k that has a single family home and a rental unit in the back. The rental unit ...

Hi BP fam,First time poster long time lurker. I'm wondering if someone can advise on my situation. I tried reaching out to a CPA but they're either very busy because of tax season (understandably) or want to charge me...

I would like to sell a couple properties in the future, would I be able to use the 1031 strategy to buy one house that I would use as a primary residence? Would I be able to sell 10 houses in a package and use that to...

Hello All. I am new to the forum. Looking for guidance in relation to the sale of my rental property. I became an accidental landlord 3 years ago. I went to work for a company 3.5 years ago and bought a new constructi...

So I'm selling one of my rental properties for about a $15K gain in order to put some extra reserves into my pocket to help support buying more properties. I wasn't planning on doing a 1031 exchange as I need the cash...

I have a rental house I'm in the process of selling.  When I first purchased the house, it needed a lot of work.  I have a friend who is good at doing just that so I agreed that I would give him an equity stake in the...

Hey BP! I have my first RE offer in on a short sale and after a few months, it looks like the seller's bank may finally be approving the sale. I put in my offer at 103K and the seller's bank's appraisal came  in at 95...

I am interested in buying a complex that the seller is willing to hold the note on or do an installment sale. Is there  a way to get a loan to get my money back out while there is an installment sale of seller's note?