David West
1031 Exchange Scenario
Hi there,Is a 1031 exchange possible in this scenario? I purchased this duplex with 20% down with the intention of living in one side and renting the other. I did that for 9 months then moved out and rented both sides...
Andrew Michael
HML Interesting Scenario
I have an interesting Hard Money Loan scenario that came up and I wanted to call on some of the veterans out there for advice.This is a refi for a home in the city. The owner originally had purchased two side by sid...
Michael L.
Potential Scenario Question
Hello!I have a question when it comes to finance and primary residence. Can I keep my current mortgage obligation (FHA, 30 yr) for my primary residence IF I decide to move to a new house and rent my primary out? Keep ...
Brandon Schlichter
1031 Scenario - Question
If a individual is selling a property that at one time was a primary residence, but has since been rented out to individuals. Can that person apply for a 1031 exchange for a property of equal value?
I haven't read t...
Joe Doman
Hypothetical Financing Scenario
Hello all, I wanted to check in with the community to see if the following scenario is even possible:If a seller is willing to carry back a portion of the purchase price but wants a substantial down payment, can I go ...
Trace Garretson
Dual Agency Scenario
Hello and thank you to anybody who helps me understand this a little better.I am currently working through an online school to get my real estate license. It has been brought to my attention that in my state of Colora...
Aaron Moore
Best purchase scenario
Just closed on my first property and I'm looking to purchase my next one in the near future. I'd like to get some advice how I should purchase the second one. One thing I'd like to mention is that I have full access t...
Jessica G.
Interesting seller scenario
I have made the acquaintance of a homeowner who wonders if there is a way to responsibly get out of his home without cleaning it, making repairs, selling his belongings, etc.
He owes $114K; he says homes in h...
Silvia Camponelli
unique scenario (maybe)
Hi all, hope everyone is staying safe out there. I've read through Freddie/Fannie guidelines below and can't make heads or tails of it...We used to rent an apartment in NYC until March 1. Lease expired. We left NYC...
Mario T.
seller financing scenario
What would you do in this situation:Owner has 2 mortgages totally $125k (one fore $100k and the other for $25k) Tenant paying $895/mo with property management company taking 10%Monthly mortgage payment $1,210, averag...