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So I have 2 properties under contract sellers and buyers. My question is on closing... I want to do an assignment on the one no big deal. But I want to do a simultaneous closing on the other because of my profit margi...
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It is the holiday season and we had a closing date on a duplex of Dec. 6th, which currently has no end in site. The seller's broker has a history of delays, their attorney was running for public office and their title...
Hi everyone, I've personally lived in a house for 2 of the last 5 years. So I qualify for the home tax exclusion.But I'd like to keep the house. It's a great SFR in an A/B area that cash flows.Can I, as a person, sell...
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I have a client who has been on title since 2006 with 2 other people. One of them recently passed away, so the two are left. This leaves the remaining 2 holding title 50/50. My client wants to sell the home and spli...
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Has anyone did partnership where both parties are in for mortgage loan & downpayment/closing cost? How does this impact tax returns/ benefits? Like how will each party claim expenses for write offs and how will ea...
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What is the best approach to protecting both parties when partnering with an investor for a fix and flip. my thought was to purchase the property under my newly formed LLC. How do I to ease the concern of the investor...
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Does anyone know of any good third-party data sources that show typical multi-family or commercial returns for LP's over time? I am looking to augment my podcast with third-party data to help my listeners get more co...
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Theoretical question for the experts:
One party owns a property and wants to do some improvements and then attempt to flip it for a profit. However, that person does not have the capital on hand to do the improvement...
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Currently have: 2.999% interest rate on 170K loan of 300K property, 30 yrs fixed (non owner occupied fourplex, purchased 2 years ago)Thinking about this quote: 4.375% with 1% origination fee or 4.875%, 30 yrs fixed, c...
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How do you handle price increase by your contractor that was not agreed to by both parties? If you have been rehabbing Houses then you realize that it is common practice for the contractor to try to do an add-on price...