Alex Morstadt
Alexandria VA City Foreclosure
Good AfternoonA friend of ours owns a note on a property which is going to foreclosure soon in the City of Alexandria, VA. We are locals an know this area to be super hot, but our friend is wondering if the Foreclosur...
Alexander Lommel
A low appraisal threatening to scuttle a deal.
So, we're in contract on a property. The asking price was 565,000 and we're in contract for $555,000. The appraisal just came back $91,000 below original asking at 474,000. The seller doesn't have a lot of equity in t...
Larry Turowski
Should you sell your problem property--even at a loss?
Brandon Turner asked a question about what "problem properties" would you never want to buy, here.Yet many of us HAVE bought what turned out to be problem properties. I bought a duplex in a D neighborhood that cash f...
Josh Pass
Taxes on selling properties for the same amount I bought them for
hi, I bought three properties 1+ years ago through a turn key company. It hasn’t worked out as I’ve liked so the turn key provider offered to buy them back from me for the same amount that I bought them for. This ac...
Account Closed
Is Wholesaling Illegal in Maryland?
I am new to real estate and have a question regarding wholesaling. Is it legal in Maryland? I cannot find a legal basis for it in light of the following:"Except as otherwise provided in this title, a person may not ...
Carrie Maultsby-Lute
What colors for kitchen cabinets/tops for rental
We’re building a detached 750sqft 2/1 ADU in the Bay Area and it will be a rental initially. White kitchen cabinets and tops are all the rage but I’m wondering what the best colors for durability are? Suggestions on e...
Alison L.
Sell in hardship or ???
Sorry I posted this twice. I put it in the wrong discussion forum before. I am out of work and my husband will loose his in October. I have some money in a IRA. About 13kI own a condo rental in another state. It's in ...
Tom Horan
Partnerships with Sellers
Hey BP - I have a property lead that is a current duplex in the Denver Metro area. The numbers don't look great with an outright purchase at 20+% down. COC, Cash Flow, Down Payment - nothing really looks too great abo...
Heather C.
How can banks drop price so much?
I just looked on Zillow at a foreclosed house that we are considering (http://www.zillow.com/homedetails/1712-Loberg-Ln-Jonesboro-AR-72401/76106778_zpid/) and I'm just baffled how the bank can drop the price from ...
Jack Montague
Buying land and selling it to builders
Hello,My partner and I have recently come across an opportunity to buy a plot of land for a group of home builders. The deal has since changed, and now we are unsure if we should proceed or not. Originally the deal wa...