I'm working through a broker that does all the underwriting/paperwork/recordings/foreclosure (if need be), where I only need to fund the transaction acting as the private lender on the note & deed of trust.
I pe...
Im curious to know what information MUST be disclosed to the buyer and seller in a double closing contract so that I can keep my self out of legal trouble?As always, this site rocks and you guys have awesome experient...
Hi everybody, I am buying a home in Union City, New Jersey (currently under contract) Home inspection found an oil tank in ground that has not been in use for 10 years. I wanted to get it removed by seller, but they a...
Ok, I need opinions and advice. Here's the situation: I bought my first home June 2013. Got a great deal, put a lot of cleanup and work into it, and thanks to a hot Portland market I would conservatively estimate the ...
Hello BP'ers, I wonder if anyone can answer a question or knows who can...Have you heard of wholesaling an REO without a back to back close? Since you can't do an assignment.
I heard the wholesaler gets it under con...
TLDR: Company did shoddy work that is beneath my standards. Should I make the contractor come back and do it the right way even though he has to take a loss?Here is the long version:I have a problem that I hope peopl...
Hi all,I am considering doing a 1031 Exchange of my Duplex Rental Property which has been straight line depreciated for 25 years. with an existing loan of about $250K.1. If I understand correctly, the depreciation cap...
Influx of Younger, Wealthier Residents Transforms U.S. Cities Another interesting article. Are there any Ohio City / Cleveland representatives in the house? I'm interested in your thoughts. http://www.wsj.com/ar...
I recently inherited about $100K, and I would like to invest it in real estate. Obviously, I'd like to make money with it! I live in southern CA where there are no more real estate bargains, but properties seem to kee...
Hi BP,I just got a service call for a leaking filler valve, it was spraying in 2 or 3 directions and leaking down the tank, this is the first day of my tenant living here too. I had my handyman replace the guts and I ...