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Results (10000)
Nick M. Would I have to pay taxes on selling the property?
19 September 2020 | 5 replies

Hi All,
Hope this note finds you healthy.
I'm selling a property which at the surface would make it seem that I am making a profit.  However, after taking into account closing costs (from purchase and then sale), Ca...

Sandy Uhlmann How do I figure out who to send a QWR to?
26 July 2016 | 3 replies

I purchased a note that had a UPB that was near $100,000 on the tape.  When all said and done and boarded with a servicer the UPB was recorded as about 3/4 of that number.    The borrower admittted to owing the higher...

Sarah Albright Bad cost basis -- fixable years after purchase?
4 January 2021 | 4 replies

Please, I have a problem that may be better understood by expert landlords. I used my purchase price on a multiunit residential property, minus land value, for the cost basis of my rental property. However the purchas...

Tammy Braz Short sale Question - Urgent
19 November 2015 | 6 replies

I just put an offer on a short sale property.  I put down a $1,000 deposit and offered the asking price (The SF home had gone down several times and there were multiple offers).  The seller accepted my offer. And now ...

Boe Bishop Flipping a house to yourself.
18 March 2019 | 23 replies

Has anyone flipped a house to yourself? I'm thinking that being able to transfer homes through arms length transactions could be benifitial.

Veronika Von Seller financing and 1031
25 April 2016 | 19 replies

Hey guys, i was hoping to get some answers in this particular situation. We got this property under contract with seller financing almost 2 years ago. Placed renter in there. Right now going through refinancing mortga...

Eric Fete another way to do simultaneous close?
22 April 2010 | 7 replies

Hi all;
I am looking to do some wholesale deals with simultaneous closings. I remember hearing an investor mention doing it this way:

write up a p&s contract with the seller with your name and the buyer's nam...

Brandon Ingegneri $35K profit double assignment
2 September 2015 | 10 replies

Recently, another investor that I have done tons of business with over the years called me because he came across a house that he knew I would like.  Up and coming neighborhood that I knew really well, multi family th...

Paul Sanchez NEED SOME ADVICE
18 April 2016 | 14 replies

Hello,Okay so I'm just starting out as an investor. I am a agent the Phx area. but new to the investing side i got a couple questions. I have a deal I'm looking to get into. its  4 unit multi family. monthly rents 230...

John Kamble Seeking Advice: Potential Loan Occupancy Breach Due To Sale
9 May 2021 | 6 replies

Hi BP Community,
My friend is running into what I see as legal issues. The situation is as follows:
She purchased a property as a primary residence and took out a conventional 30 year loan for mortgage on it. There'...