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I was contacted by a very motivated seller who is ready to get out from under her house payment. She bought the house on February 21 & lost her job on February 25…ouch!!
She has found a new job but her pay has...
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I am in the process of purchasing a property that was listed as an estate sale in PA. Cost-$55,000ARV-$140,000Rehab work-$40-$50KIt will be a cash sale. I am leaning toward a flip and the process may take between 6-...
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A cost segregation study is an engineering study that allows you to depreciate a significant amount of your real estate purchase price up front by breaking down the building into structural components which are expens...
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I sold a property I owned for 4 years, during the last 2 years it was used as a vacation rental. I am using a 1031 to acquire a new property that will be used primarily as a vacation rental. For purposes of the ne...
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Hi Everyone (Writers, Bloggers, PodCasters, Experience Investors, Experts, including Millionaires etc..etc....) kind of need some of your technical knowledge.I am trying to find the answer to some of my questions for ...
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I will try to keep this short and to the point. We sold a property and hired a QI to handle the 1031 exchange. Our Replacement Identification did not include a percentage ownership (it was/is assumed at 100%) and by t...
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I was wondering if anyone has ever done a manual underwriting loan simply because they had no credit?A little background about me: For the longest time I never believed in credit. I have never had a credit card. I hav...
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Situation: Grandma is moving out her longtime home in Foxboro Massachusetts a suburb 45ish min south of Boston. It is a 3 BD / 2 1.5 BA House with (market rent $2,300) an attached 1 BD 1 BA in law currently renting ...
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I was looking at a property here in DFW near Grand Prairie that was built in the late 1960s. The problem with the house is it has numerous cracks on the interior of the house. The seller told me they did quite a...
Hi, I am very new to real estate. I just wanted to know how some of you find deals and what strategies and tools do you use to evaluate the deal?