I have a house that i bought one year ago. I am looking to refinance the home and get cash out. The place is worth $100,000. I owe $20,000 and am looking to get $50,000 loan to pay off car and student loans. I am just...

I am about to sell an investment property to a tenant who got a settlement and can now afford a down payment. She is very eager to buy. I own the house free and clear, and would provide seller financing. This is the f...

Good morning I completed my first 1031 exchange in 2019 however I am no being told by the CPA we incurred a mortgage boot due to not purchasing a property of similar sales price. 
Property sold $1,200,000
Payoff $70...

My son found a foreclosed home offered by Freddie Mac. He put in an offer and it was accepted. He plans to live in the home as his primary residence for 2+ years. He did this once before and now he is ready to sell th...

Good Evening BP Nation,I have a potential opportunity to put together a deal but am not exactly sure how to proceed. Situation: My mother-in-law owns a house in the Point Breeze neighborhood in Philadelphia. There is ...

Hi guys have a couple of qns abt wholesalersHeard there r investors acquiring hses from wholesalers for buy and hold but the problem is most wholesalers have hses with no clear title and purchasing them is taking ove...

Hi BP community,I am considering filing a lawsuit against a previous property management company.  So several months ago, I paid little over 2k for rent ready work - paint touchups, some maintenance work when the tena...

Hi, I'm looking at some REOs in my area and found one I'm very interested in but don't want to go through the realtors listed on the website (RealtyTrac.com). I'd like to get ahold of the bank directly and inquire abo...

Hello everyone. A few months ago I bought a house cash. I was able to rent it out and just finished cashout refinance with an LTV of 75%. Can I use that money for a down payment for another house right away?Will the n...

I am wondering if there is anyone on this site who can advise me on how to fill out forms to report a 1031 exchange for 2020. We sold 2 houses and purchased 1 by doing a 1031 exchange. I know I have to fill out 8824 a...