I'm trying to do my first short sale and I really need help.
Here are the details:
FMV of house based on comps: $155K
Repairs needed to property: no more that $20K
Total owed on 1st to Wells Fargo: ~$163K
No second...
Working on a project to cut the cord in six vacation rentals. Experiment so far, I bought an RCA 32 inch TV with built-in DVD. I will supply about 20 DVDs per unit. There will be one of these in each unit.I will offer...
We have a house that is harder to rent than our others. It's very clean and in good repair and priced well for our market, but it's older and has some odd features and it's not in the best area. Plus it's a slower ren...
Economic Update
(Monday, July 13, 2020)
Not since the 1960s has the United States experienced social upheaval like it is experiencing today. We have protests, an upcoming national election, and a massively divide...
Hey guys, Take everything with a grain of salt as the finalized regs were JUTS released today. Thoughts: 1. The IRS issued a safe harbor of 250 hours to offer some clarification. Meaning spend 250 hours on rentals(s) ...
Hi all
I've only recently begun reading BiggerPockets, but let me just say I am already heavily in debt to all of you for a ton of useful information, and can only hope to start repaying that in some small wa...
Hi all. First-time investor here looking at single family homes and small multi-family in Vegas for buy and hold. I'm based out of state and interested in getting into Vegas during the potential downturn, as I'm bulli...
Below is what I've seen from Freddie Mac where I got my loan. Please note that "borrowers are eligible for forbearance regardless of whether their property is owner occupied, a second home or an investment property."...
Hello BP Members.My very first BP post goes to Atlanta BP members.I’d like to get in touch with local investors and developers that are familiar with Reynoldstown area.There is a residential development opportunity I’...
Hello BP Compatriots! The last few posts were decently popular soooo.... I thought I would give it a go again. Here is my brief, hopefully insightful, dive into real estate and/or financial markets for Dec 7th, 2023.
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