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I have a few properties that are worth less than what the owner owe. How can they get permission to short sale their home and will the bank stop me from wholesaling their house to a buyer?
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I heard that with a 1031 exchange we would need to replace the entire debt. How would that work if the property is being owned by two unmarried joint tenants with rights of survivorship, with only one person on the or...
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I have found a potential deal in my area of North New Jersey, this is a short sale with an asking price of 150k reduced from 200k. The comps in the area for similar sized homes are 350-380k. I am going to see the prop...
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Hey all,I'm doing my first 1031 exchange. I'm selling a piece of land I've held for the last 13 years, and putting it towards a SFH. I was not originally intending to do an exchange, but a FSBO showed up on my radar e...
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Looking for advice, looking to make a larger multi family deal in the near term but would also like to sell current SFR properties that have capital gains. Therefore looking at a reverse 1031 exchange. Is the below in...
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I am looking for ways to creatively get closing costs without asking family. I've heard of cash advances on credit cards. 140k property with about 4800 cash on hand. FHA loan. I am seeing if seller will cover some clo...
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My husband and I are looking for a small apartment complex in central Florida and would sell/exchange 2 condos in Ft. Lauderdale for the down payment. We're in the early stages, with nothing identified yet, but I just...
A homeowner that contacted me from a yellow letter is willing to short sale her home. She owes too much. She is 6 months behind. The house needs a total rehab to be rent ready. She is supposed to talk to her mortgage ...
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I am surprised no one else posted on this today! This is some scary stuff.
It seems that non-disclosure to the respective lenders in short sales flips has already gotten the feds involved - and some investors will be...
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My wife and I recently relocated to Kalamazoo area. I currently do not have a job because due to the move and I am planning on doing realestate full time. We are selling our half of property that we have partner with...