I've been involved in funding some rehabs and JVing on some deals. I was wondering if there are things an individual can write off on their taxes. For example, business lunches with clients, trips to go visit properti...
Hey everyone! When in the buying process is the last moment you can back out of a sale as the buyer? Am I allowed to prepare a purchase and sale agreement and then move on to due diligence and add a clause (even if it...
Hi everyone,I've been negotiating with a bank on an REO. I came in low and I'm holding pretty firm on my offer. I gave them my best offer with $500 deposit, and they countered higher with a $2500 deposit. I came ba...
As the seller, both primary and HELOC are with BOA and we are due an answer in 7 days (according to BOA/Equator).Question: What could prevent Freddie from NOT accepting at this point? Any insight/intel would be apprec...
I asked him more questions His lender loan expires 3/26He owes about 115ish to lender and then is 35K personally investedFor personal reasons, he needs to sell. I would like to help him if I can, even if I don't make...
I was wondering if any veterans of the Single-Family residence flipping business have stats for the % of flips ending up losing money and maybe also days per flip. Do you keep detailed stats about each flip?
Recently I read Fannie Mae has agreed to accept Attorney's Opinion of Title Letters in lieu of title insurance. I assumed it would be just a matter of time before someone would try to game the system. United Wholesa...
I invested in real estate heavily - when I sold real estate in Colorado. Ended up with a lot of negative cash flow properties and my husband got a once in a lifetime job offer in another state - so we sold everythin...
My husband and I have lived in our home for 10 years and would net over 100K when all is said and done if we sold our home. We are at an impass and wondering if we should sell and start flipping or get a HELOC. We wou...
Alright experts need some advice. I have an off market deal I am buying from a seller, roughly $1.8mm, we had many conversations, toured the property, etc. The owner is wanting to fully retire and move out of state an...