A few years ago I sold a house to a couple that asked me to take back a second, since they could only quailfy for a 80% loan. I did and now they have stopped paying me, but they are still paying the first wich is a l...
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I'm familiar with the concept of exchanging a property for one of greater value to delay taxes. But, how exactly does the process work? And who is involved in the exchange?
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Hi,I wanted to ask if anyone knows any tax strategies to optimize amount of tax paid on capital gains from selling property in Europe. There is no tax on gain from it in Europe, so I would be only subject to long term...
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would it possible for the second lienholder foreclosed and evict the homeowner eventhough the homeowner still current on the first?
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HelloI'm currently in a position where I have signed a 6-month fixed term lease, paying $800 per month (effective January 1 2016) - with a three-month termination notice clause. My landlord is interested in selling th...
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Objective: Acquire properties in 'X' neighborhood for long term holdTargeting: Pre-foreclosuresProcedure: Pre-foreclosure list acquired from realtytrac.Write individually letters to owners and follow up with a house v...
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Hi,I'm closing on a portfolio of 4 duplexes. All four duplexes are under one LLC and a single commercial loan is servicing the portfolio. I'm considering rehabbing and selling one of the duplexes. My question is this:...
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Now for years I have done 1st position notes. But I have recently been approached to buy a second that has a huge amount on of equity (89k 2nd note with a BPO of 300k) however I am still unsure what kind of due dilige...
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Is a short sale directly with a lender required on a property with a reverse mortgage? HUD website says that the heirs of the property with a reverse mortgage can sell at fair market value even with negative equity an...
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What questions would you ask an agent when purchasing a home?