Hi. Looking for some advice. I’m making an offer on a property with 12k property tax lien. The price of the deal has been raised to include the lien so it can be paid off at closing. My question- what are my options i...
Under contract to purchase a SFR - our first investment for long term buy and hold. The seller purchased the property via Treasury Dept Auction in 2016. The property had been seized by the government after the then ...
Hired a broker agent to find tenant and do the lease on a rental property. We agreed I will manage tenants after that. I will and have used and alias when contacting the tenants. Broker just found tenant and are mo...
I am looking to purchase a duplex subject 2, keeping the low interest rate, while seller financing the rest of the equity. I am a mortgage professional by trade and the one worry I have is changing over the taxes and ...
The numbers:3 BR/1.5 BA SFH in good neighborhood with an in-ground poolSale price: $80KEstimates renovation costs: $35KARV: $175K to $185KEssentially the owner is an older gentlemen who was working on getting the prop...
We did a cash out on an investment property for 375k and now we are trying to sell but have just been informed we need to pay off the loan in order to do a 1031 and avoid capital gains. Is there any alternative to me ...
I've never done a 1031 personally. Would absolutely get someone qualified involved. That said, I have a client with a condo she bought for $100k and is now selling for $190k. In order to comply with 1031 rules, does s...
Hi all,My MIL is planning on retiring in the next year or so and will be moving to the Phoenix area. She owns her current home and I would love to purchase it seller financed for an investment when she gets ready to r...
Hello all! I house hacked a Multi -Family Home in Queens, NY almost 3 years ago. I'm ready to invest again next year but want to make sure my taxes are done correctly. I don't want to write too many things off to ma...
Hello BP community!
A potential(ly great) opportunity just presented itself to me through a friend. Her neighbour unfortunately passed away from a long battle with cancer today. Death is obviously difficult for any f...