John Grover
"subject to" buying options
I am looking at potential liability of the following subject to deal. Scenario... seller went into strategic default on primary years ago.. he has been prolonging foreclosure via fraud claims against the bank.. al...
Olivia Pool
Gains exclusion on separately owned residence post-marriage
Hello all! I have read through the IRS documents in this subject and can’t come to a clear consensus. Here’s the situation: I and my spouse got married in our thirties and both owned a residence. We got married Decemb...
Charles Heyward
Three Reasons Why a Short Sale Is Better Than Foreclosure
What not many Realtors or advisors are willing to admit from the very beginning is that when a homeowner is in debt, both the foreclosure and a short sale can have a devastating impact on the credit history. However, ...
Gil Ganz
Months left on performing notes
HeyWhen buying performing notes do you tend to prefer ones that have a longer period left or a short one? There are advantages to both sides, would like to hear your thoughts on the matter. For sake of discussion, I ...
Maryann L.
First right of refusal in a short sale
So, A lead called me this morning and stated they were interested in a short sale. We did a bit of research and it's a two family both sides condo'd and the other tenant has a first right of refusal.
Does this apply ...
JoLea Conn
Golden Capital Holdings llc?
They are offering to buy my rental...seems as though they will 3rd party sell it immediately, likely to a fix and flipper. Not sure if they are legit. Their website says they do lots of things in the real estate world...
Adam Budgin
Cash out Refi - Appraisal
I'm looking to get some input specifically regarding the appraisal considerations vs seasoning period on a cash-out refi or Heloc on a particular deal I'm working.Overview:Duplex - purchase price = $126kMarket price e...
Ana Meals
5 unit multi-family due diligence period
Hello everyone, so I am potentially looking at purchasing a multifamily property. What is the Due diligence period on this type of property? TIA
Edwin De leon
New Foreclosure National Moratorium - How does it affect short sales investors whom flip them
New Foreclosure National Moratorium - How does it affect short sales investors whom flip them.
I am just getting started going after short sales to flip them to other investors, so am I too late here and missed the b...
Daryl Williams
Hard money loans
hey all, as a new investor i have been reading up onbhard money loans so i figured i would ask on here if any one could break it down in lay mans terms for me please. I am especially interested in any costs that may b...