Hello! I am doing an intrafamily loan with my father for a home purchase in DC and need to make sure it is viewed as a creditor-debtor relationship to the IRS so he doesn't get a gift/inheritance tax. To my understand...
Hi everyone. Which case would be better for you if you were the buyer? To record this property sold at $50k or at $110k?Case 1: The seller wants $50k in his pocket after COE. He owes $60k for a lien on the propert...
My Realtor mentioned there is a Broker compensation ($695). Is that reasonable?
The title is supposed to read an appraisal/appraiser.Hey everybody, have you ever bought a property, ran the numbers, and figured out what your cash on cash return should be, or what your profit should be on a flip? ...
Hi- apologies if this has been asked before, but is FHA 90 day rule from the date the property was purchased (settlement date as shown on HUD), or the date the deed was recorded?
Thanks, Jon
Hey Bigger Pockets Community,
I hope everyone is doing well and continuing to navigate the ever-evolving real estate landscape. Today, I wanted to chat about something that's been a major topic of discussion in our i...
My friends daughter came to me with the following story asking for help.
Seller is approved for Citi short sale. Listing agent finds buyer who submits offer.
Buyer wants to lease prior to completion of approval by ...
I have a home that I bought Subject to, when I bought it I paid the seller $4,500 dollars and we were squared away! I rented it out and now I have been speaking with the renters about buying my house, they showed intr...