Hello everyone! I am working on getting a duplex deal finalized in LA that is zoned with RSO. The bad news...well RSO in Los Angeles is just a nuisance. The good news...both units will be delivered vacant at closing.
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Would one have to evict a seller who won't leave on the day it closes escrow (as the contract states) or is there a simpler legal method? This is question pertains to sellers in a short sale transaction who have no mo...
I was give this info for a pre-foreclosure. I am not willing to pay for the Sellers closing costs. What do you think BP world? Any help is appreciated!
Any advice on short sales? I am a new investor. Properties are going so fast on the market this past year and now current year. I found a short sale that is offering a USDA loan. What is everyones thoughts on Short Sa...
Hello BP community,I have recently accepted an offer on my current residence, as I thought I would be yielding a significant net profit, which I was planning on using to get my first duplex/triplex house hack in NJ. ...
I am wanting to start with Short Sale investing and understand that if you acquire a Short Sale from the bank, you must own it for a minimum of 90 days. After the 90 days, is the property yours to do what you want wit...
Does the gain on the investment property needs to be reinvested only to prevent the capital gains tax or the final selling amount needs to be reinvested. One of my friends told me that the gain needs to be reinvested ...
BP Community,
I'm currently selling my home and I have a potential offer to close on September 15. If this go through I will be making a good profit. I know I have 45 days after the closing to close on the new home s...
Currently in process of closing on a year and half long short sale proceeding where assistance is needed in locating funding source to provide financials for 31 day period in between A --> B and thereafter --> C...
I own a real estate LLC with a partner. He just personally bought an investment property (closing today) and we're thinking about working on it together. Can he "contribute" the property as capital and then take a cas...