Speaking to sellers face to face or over the phone can be very intimidating for a newer real estate investor/Entrepreneur, the fear can be discouraging and immobilizing. What if there was a way to shake off some of th...
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I am trying to figure out the logistics for a possible 1031 exchange in the future on a rental house I bought in 2002.I may buy a new house and that would be one of the reasons for doing a reverse exchange. I don't th...
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Does anyone have any feedback on buying a property subject to a reverse mortgage lien? Are these lenders more likely to enforce the due-on-sale than lenders on traditional loans?
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Thinking about doing a reverse 1031 exchange but it sounds really complicated. Does anyone have experience and tips on this?
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Hello Everyone,I am new to bigger pockets and fairly new to RE Investing. I found a seller that has inherited her mother's home which has a reverse mortgage. The bank is asking her 57k to pay off the balance or to sel...
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So I recently came across a new way to make money in real estate it's called a reverse short sale. Basically in a nutshell we would wait for a short sale to fall apart and then after that happens we would go to the au...
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Hey Guys,
Its been sometime since I was on BP. I forgot my username and my business focus has changed so I created a new account. Seniors 62 and older can now use a reverse mortgage to purchase a ...
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I have a property under contract, which is 4 condos, all in the same building, as separately deeded units. This building is the only set of condos that was developed in the late 80s. Later on, the developer took the r...
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Can a double closing be done as where u would close with buyer 1st then use their funds to close with seller then everything get recorded after? To avoid having to use a transactional funder and their fees. Greatly ap...
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I am def. interested in a 1031 (just a smart move) but Here is where the tricky party comes in. I have a property that is now under contract. I want to look into doing a reverse exhange only because It would give me ...