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I have lived in a house for 3 years in Alabama with owner finance. Over the 3 years we have sunk over $50,000 into the property and home. Now the owner wants to sell. Is that legal? Do I need to hire an attorney? The...
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Hi all,
I just purchased my first property for $125,000. My note is currently for $118,500. The ARV of this property is $190,000, and I am currently doing the renovations. Rehab cost abot $10,000.
Th...
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Market is hot, getting cash offers that are way over what my property is worth. 2.5x what I bought it at. It is becoming harder to ignore. Would be about $200k profit from one property that I could use on 2-3 other p...
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Hi BP'ers: I am thinking of selling my multi-family with potential upside of $100k equity. The decision I get to make is do I sell with 1031 exchange to obtain a four unit property and build wealth by moving into mor...
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This is the first property that we purchased. We have lived here for 3 years. We are moving out and already have a 2-year signed contract for tenants that will be moving in immediately following our move for $1000/mon...
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My house is on the market and I was in the processing of closing however a storm damaged property. My claim was approved and the buyers are good with , however if I sell the house will I still get funds to restore pro...
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Hello,Say I sold a home and I paid capital gain taxes because I lived in there home more than 1 year. Where my capital gain was $50,000 my capitals gains tax bracket was 10% which leaves with $45000 profit. Do I have ...
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I read an article where someone said they typically buy homes priced at $100,000 - $125,000 and they figure their buying and selling costs are about $17,000. And then they had a table showing the expense, and I'm pre...
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Do we have anyone in the community well versed on selling properties internationally? I currently have a deal in Jamaica in the infant stages meaning I do not even have a Real Estate agent in mind. The property is cur...
Guru's I joined this forum today and read through a couple of postings all of them are extremely interesting but what I did not understand is how can you RE- Sell property without investing
For a new investor like me...