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I need advice on a possible 1031 exchange. I would like to sell an investment property and transfer the proceeds into an existing investment (SFR) instead of identifying another purchase. Is this permitted? -Robert
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Investment Info:
Single-family residence fix & flip investment in Irvington.
Purchase price: $50,000
Cash invested: $110,000
Sale price: $259,900
Complete gut job. Full renovation. 3 bedroo...
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Is anyone aware of the regulations regarding SC agents participating in Assignment of contracts (Wholesaling)?
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So I've been looking around for properties to start getting into flipping and came across one that is very intriguing. It's bank owned that I may be able to pick it up for $100k. I'm looking at $60k to $70k in repairs...
I am new to real estate investing. I have purchased to single family homes and am currently renting them out. I would like to purchase more; however, cash is tight right now. I was hoping to be able to wholesale som...
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OK - So the big question I get caught up on is a very early on and easy question. Why did you send me this letter? Did you pull my address out of a hat? etc etc. So when marketing to a list, absent T or other and the...
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I have a question what steps should you take to identify serous cash buyers? How can you prove that someone is a serious buyer?
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Can I close in Escrow when buying an reo property from the bank? Do banks allow closing in Escrow? I appreciate any response.
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I have a seller who wants to sell a house that is worth roughly $830K. They just bought it last year, so not much equity, still $760K on the mortgage. They would be resistant to a short sale. I'm wondering if there...
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Hi everyone,I have a SFH (it’s been rented out for about 7 years) and I want to 1031 exchange it in the semi near future. I have a few questions and wanted some insight into the implications of a few scenarios I'm con...