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Ok my BP peeps, I need some schooling on 1031 exchanges, I sold a property in Colorado and did a 1031 exchange I found a title company to hold the funds for me. I am about to close on a new property and I’m planning t...
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I would like to take this opportunity to introduce myself. My name is Jackie Thomas from Baltimore, MD. I've been in real estate for 30 years. I'm currently working at a Title Company as a branch manager. This pos...
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Hello,
I have some questions about Lease Optioning a property:
1) Who has the insurance on the house? The originial owner?
2) Who pays the taxes and/or gets the tax write off on the property?
Any help would be appr...
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I have read several forums and the beginners guide which is helpful but still kind of confused as to where to begin. I been trying to get into real estate investing for the last eight years. I started out buying i...
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I finally (long story) have a signed contract with Freddie Mac on a REO foreclosure in Florida. The contract states that "seller will designate closing agent and pay for owners policy and charges". I received the clos...
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What's your process in situations where a seller needs some cash before closing to help with moving costs?
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Im new to the wholesaling business and after calling a few title companies Im getting the impression that Assignment and/or double closings are somewhat “frowned upon” from the perspective of the title companies. I a...