Chris Mackinlay
Lender requiring repairs before closing
Hey BP.Have a weird situation I think and I would like some thoughts on understanding it. I have a house under contract that needs some work: exterior paint and some plumbing issues addressed. It's ugly, that's why I ...
Christopher Vargas
I need a Florida Realtor
Can a FL realtor answer this for me?I am selling a flip house without representation from a realtor. I have a full price offer and everything sounds good. The buyer's realtor has submitted the offer today along with a...
Rud Sev
Carry back or forward loss from sale of real estate
Hello,
I sold 2 properties at a loss in 2023, and one property for a small gain in 2023. When looking at my tax return from my CPA, the losses and gains show up on Form 4797 (Part I for the losses and the gain in Par...
Carlos O.
Deciphering Buyer's/Broker's Agency Contracts
Hello all,I just have a quick question. I recently received a non-exclusive contract from my real estate agent so he can represent me. There's one sentence in there that I don't completely understand. It basically say...
Courtney M.
WHAT THE HECK? Fannie Mae being shady?
Hey guys! I am in the process of getting an REO under contract through Fannie Mae, and LAST MINUTE they sent me this bogus Real Estate Purchase Addendum that TOTALLY negates the terms in our agreed upon offer.....My a...
Pedro Oliva
Wholesaling Lease Options for newbies?
Im just curious with all the moving parts on a lease options and slo, co-op lease options, and wholesaling lease options. How viable is this strategy for a newer investor?
Andrew Fredrickson
Rental Property Insurance / Demands
I recently purchased a new (well actually really old) rental home (SFR) and after about 2 months my insurance company has contacted me by mail and phone letting me know my policy would be terminated at that address un...
Keyur Patel
Property management contract
Hello all,My business partner and I are finalizing on a property management company for one of our property that was intended for a flip when we purchased but we have decided to rent it out for the time being. Is it c...
Ryan McCallister
When to move funds to self directed?
Right now I am making an investment in a home I currently rent, then I will flip or rent by the first quarter of next year while living in a majority of the time. At some point after/during this I will be working beco...
Alexander Woyte
What does closing look like, specifically? Double closing?
Hi, I'm interested in wholesaling real estate, primarily because of the lack of barrier to entry when it comes to starting costs. I have a lot of questions, so let me know if you can answer any of them at all. Hope...