Have been involved with a short sale in FL and all went well, closed in 3 weeks. However, now looking at a short sale in PA - which is not common here, much less experienced agents..etc. involved. Attorney wants spe...

Below is an excerpt from a Rental Property Cost basis worksheet taken from Turbotax. Basically they took the amount I paid for the property $83k, then added in some loan costs, plus $2k in Capital Improvements. Then I...

1031 Exchange Question - Let's say the investor has already sold her relinquished property (which was owned free and clear with no debt) and afterwards has $325,000 in 1031 exchange funds available. The investor is no...

I'm an overseas investor, but a US citizen. I will be talking to a CPA next week, but want to make sure I have a general understanding of what to ask. In theory, let's say I have $1 million cash for 5 properties, each...

When wholesaling deals, would you suggest using a title company or closing attorney? Why? Which do you feel gives more protection?

I'm buying land cash and I wanted to know approximately how much will my closing costs be?

I heard that doing Assignment of Contract in Texas is no longer legal and it is now being viewed on a Federal Level. Does anybody no of this ???? I have 2 deals under contract and I had planed to Assign them can I leg...

Question regarding negotiating a Lien on a property.Subject property has a lien of $65K with original mortgage lender (BB&T). Before the property was able to be foreclosed on a Quit Claim Deed was done and the pro...

Hi BP community. I'm pretty new to investing and just received the OK on money to buy my first investment property (woot, woot!). The loan specifies: ESTIMATED SETTLEMENT CHARGES, ESTIMATED DETAILS OF TRANSACTION, EST...

Does anyone know if it is possible to write up a settlement sheet to show a lower sales price, and "prepaid mortgage interest" as a line item. Not at all sure if this is doable but I am looking for ways to lower t...