I'm looking at this HUD home near me but the biggest problem is that there's no foundation--just piers. As far as construction goes, I know the issues with the home but I'm more concerned about resale. Can someone get...
I am buying a property,by looking at the prelim report, it has a trust showing both mother's name "A" ( pass away) and daughter "B" is selling the property short sale to me. on the #2. of the title report, it says ...
How are you securing private money with friends, family or coworkers? In this case it is an old client of mine who has become a friend and has some money sitting around doing nothing. We have a solid trusting relation...
Hello All! Happy St. Patty's Day!I am in the market for purchasing another multifamily property, but this time I would like to consider the possibility of rolling it under the protection of an LLC. This leads me to my...
Jason did a great blog on contracts: http://www.biggerpockets.com/renewsblog/2010/02/17/whats-in-a-contract-contractors-rehabbing-real-estate/
Wanted to pass one tip along. He mentioned new investors who can't affo...
Having spent some significant time working with borrowers buying and selling property who are trying to complete a 1031 exchange, I thought I would post regarding my experience.1031 keys:1. Defer income tax.When selli...
I own a condo I purchased as my first home in 2008 and a single family home I purchased to move into in 2013. Neither were purchased as investment properties. I moved out of the second property in 2017 and I have ha...
I have been listening and reading about this “infinity banking concept” and found it really interesting. Anybody currently using this? Pros and cons?
I am familiar with how an assumption works. How is a “Wrap” and “Subject too” different?
Thanks!
hello BP community. This property has been brought to my attention and I am a little confused on how its going to work out. There is a lon of 135k on this property and they want me to bring 12k to the closing table. T...