Real estate investor here with a few properties in my portfolio-all with a partner. Our properties are all single family homes or condos.Our usual process is 20% down and 30 year am schedules. However, upon closing o...
Hi all, I am a newbee on this forum, hoping to get some guidance on my upcoming 1031 exchange.Scenario:I am selling my rental property with a 300,000 mortgage, and expecting to sell it in the range of 1,000,000, i.e. ...
Hello my husband I just bought our first property to fix in Jacksonville Florida. The house is from the early 1950s and we are trying to decide if we should get the windows fixed or replace them, any ideas? $700-1k to...
I have a seller with fairly low equity in a growing area of a suburb nearby. She really needs help and the only theoretical way I see it is through a lease option, then assigning to a tenant buyer. The margins are too...
Hello,
I'm doing an inspection of a multi family property, and I'm looking for a template or something to follow.
Thanks
Can I do a 1031 exchange to a new construction. To be more specific, sell my place (that I have lived in less than 6 months) and then get a new construction loan if i can build it in less than 180 days?
I am interested in finding one bank in Baltimore that I want to partner with. With so many options, I would like to know your opinions. Below are my criteria.1. Allowing me to put in less than 20%.2. Not selling my lo...
Hello! Well, this is a brain tickler. So we purchased a retail property at the end of 2022 with seller financing: 5 year term, 30 year amortization, 0% interest. Payments are $2k per month. Three year option to extend...
Some recent stats128 Homes Valued at $25M or more (one unit sold at $100M last month)It seems like out of nowhere, people in NYC are all of a sudden paying completely nonsensical prices for housing. And this is only ...
I don't fully understand this part of the short sale rider form, can anyone help me out with which is best for me as the buyer:
4. Contingency time periods in the contract for title, survey and inspections, if applic...