If I do a 1031 exchange I know the property has to be equivalent or more but can you put just the down payment on that property or do you have to purchase all in cash and also can you 1031 into a auction property som...
I am pursuing my goal to be a land investor, and so far I feel good about having bought a number of lots at a good price. There is still a lot I have to learn, so my question is going to be as basic as it gets. I nee...
Does anyone have an written blue-print for how to purchase a short-sale and simultaneusly close and do it legally. i. e. What forms to use, What to write on each contract including A to B offer, HUD, Listing Contrac...
Hi All,
I'm new to this site so my apologies if this has already been addressed elsewhere.
I'm working with a Realtor on short sales. My plan is to wholesale the property or assign the contract. I have transactional...
Doing FSBO on a residential property, sales price less than 160K Which is better for me, as seller, to use, this agreement, or, the Letter of intent to Purchase in the next post? What needs improved, and how? What's m...
Okay, I have heard of "Short Sales" and what it is and some of the paperwork that is involved in doing one.
But my question is..If I do a short sale would I have to show proof of funds? and if the bank accepts my off...
Hello,I have 3 single family rental homes aprox net value after RE commissions-Closing costs for the total ($560,0000-580,000). these 3 are all paid off. I want to invest in more multi-family units. I have one 5 pl...
Hi All,
I am a substitute purchaser of a property that a wholesaler obtained few months ago during trustee's foreclosure auction sale and assigned the contract to me. The court has recently (3 weeks ago) granted moti...
I found a short sale that I believe will be a really great deal to wholesale. Does anyone suggest using a hard money lender to close the short sale and then wholesale it?
We are selling our home and the bank requested an appraisal.
The appraiser only used 1 comp and it was a REO - thus causing our property to be valued $25,000 below market value. Even though there are 3 other proper...