Calvin Thomas
Looking for some advice - building failure; partial collapse
Very weird situation we have got ourselves into. We purchased a major rehab building in New York about a year ago. The real estate agent was also in property management, ran his own PM firm and his family has run a c...
Derrick R.
Newly married, wife's home with equity being sold...taxes?
As the title suggests, my wife owned a house with quite a bit of equity in it and we are in the process of selling. She lived in the residence since it was built a few years ago and just moved out when we were married...
Jack B.
Thinking of selling my properties off slowly over time.
I started buying rental properties in 2010. I had 11, now have 8 single family homes. 4 of which I bought in 2021 using cash out refinances from the other 4.
Cash flow is 48K a year after accounting for vacancy and ...
Efrain Gallardo
Other sites similar to Hubzu and Homepath?
Does anyone know any other websites besides Hubzu, Auction.com or Homepath with more exclusive REO access. Im looking for sites that are not free and so open to the public, I would rather pay for access and have a mor...
Jack B.
Should I cash out refinance or keep the cash flow?
Sitting on 750K cash (well in the bank). 850K in equity there abouts with the hand full of rentals I own here. I moved back into one of my rentals almost 2 years ago and am considering taking out 150K equity before mo...
Ofer Dallal
Agent Exclusivity Agreement Yes/No?
Friends,I'm looking to purchase my first investment in Oakland CA with cash. I met an agent that made a good impression but requires an exclusivity agreement (four months minimum).Would you sign such an agreement in t...
Mellva J Patton
Commercial Property Deed
@Denise Evans I bought some commercial land (there are not any structures) and received the tax deed. Are there still redemption rights on the property? Would it be feasible to put a building there and start a business?
Patrick Nissim
Lenders are loosening up! But sometimes with a string attached.
As a mortgage broker (California), it was disorienting trying to find an active lender for months after COVID hit. Some stopped doing cash out and some pressed pause on everything. It seemed like the only way to get a...
Steve Shaffer
1031 single tax-payer question
Hello fellow nerds! I'm trading up into a 15-unit and selling a single family and a 4-plex to help fund the purchase. I'm using a 1031 and all three properties are held in different entities with separate EIN's. I ...
Kayla V.
Can I deduct a deck?
My husband and I purchased a primary home in June of 2015. In October, I was offered a one year work assignment and we took it and moved to Ohio for all of 2016. We rented out the house starting on 4/1/16 and the leas...