Hi, can someone recommend a software that I can create mortgage statements for an owner finance deal? I only need it for one property so I don't want any reocurring bill, just something I can pay a one time fee and us...

What can you do to insure that your legal expense for foreclosing on a tax lien is recorded in the case that the owner pays off the tax lien before the foreclosure goes through, so that in order to pay off the lien...

My husband and I just had our offer accepted for a triplex. We are attempting to use a 203k. We got our first closing cost estimate  and we were blown away by the freaking closing costs. 20K before rolling in our UFMI...

Hi Everyone,I closed on my first rental property at the tail end of last year, and had tenants moved in for about a month.  Given that this is my only investment property, and it was owned for such a short amount of t...

HI, I have read many questions and replies that have been helpful.
I live in NYC and BroadFinancial opened the business in NJ. "open a checking account at the bank of your  choice." Is not true. They want to know wha...

Newbee, who needs tax advice. I am building a new house (old house which was never finished) with the intention to rent it out for years. I am funding the project with private money until it is complete. When done ...

A real estate attorney @ one my REI groups talked about the legalities of wholesaling in Pa and he said that negotiating the sale and simply assigning the contract via back to back closing for a fee is acting as a R.E...

In the middle of my first 1031.  Of course my 1031 exchanger referred to their attorneys when I asked these questions.  Yes, I will of course ask my tax professional as well.  I am just curious to hear what other 1031...

Hey folks, I'm about to make my first purchase and I've got some questions about the costs being passed on to the buyer. On a property that will cost about $90K, I'm being told to expect about $6K in closing costs. Th...

Hi guys! My partner and I have been sending out direct mail for the past 3 months and we've finally found a deal (SFH). Comps are at $80k, seller wanted $60k and after negotiations we got the property under contract f...