Minna Reid
Another 1031 question
Ok so basically - as long as I buy a similar property within 45 days of selling another (and none are owner occupied) - I can avoid being taxed is that right? Does the 45 days have to be after the sale of the original...
Shawn Mcenteer
Removing PMI
Does anyone have any helpful tips for removing or reducing PMI on an existing mortgage? The house I currently live in has a monthly mortgage payment of $1950, $300 of which is PMI. My wife and I have lived here fo...
Herm M.
Getting a "cash only" purchase approved by short sale lender, but being denied the usage of hard money???
If I offered "all cash" on a short sale and got it approved... will the short sale lender have an issue with me using hard money as part of my funds? Why would they? I've closed short sales before and haven't had this...
Daniel Miller
This one will be a bit of a challenge
Okay, I've gotten an application from another family. I don't have their financials yet (for some reason, though she emailed to application to me, she snail-mailed the other docs!?!?). I also haven't run credit chec...
Anne S.
Purchasing occupied rental from another investor
Good morning BP community!
I have been studying REI for about a year now and am ready to move from analysis paralysis to making my first deal happen in 2013. I attended my second local REIA meeting last night and was...
Ade O.
Hud requestiing bank statements from a hard money lender
I just had a deal fall apart because hud requested the hard money lender show a bank statement or letter from their bank showing they have enough funds to close the deal, when I told the lender about this they were du...
Joy VanAssche
New investor joining BP from Wenatchee, WA
Hi, I’m new to BP from Wenatchee, WA. My husband and I have been custom homebuilders in the Wenatchee valley and surrounding areas for the past 15 years. We are ready to start investing in or building multi-family u...
Brandon McCadney
Wholesaling: Convincing seller to work with you versus an agent
Hey BP fam! I just had a very successful cold call today with a lot of potential. I'm still fairly new to the process and I just started making calls last week. To make a long story short, the seller is definitely mot...
James Wise
Agents have you changed brokerages recently? If so why?
Just read the below article and I would like to hear from agents who have recently changed brokerages or are thinking about changing brokerages. If you have changed or are thinking about changing what is your reason f...
Shefali R.
Old HOA lien resolution - pls help!
Calling all HOA experts and HOA lawyers for help!I am in contract on a condo unit in Newark NJ. The title search reflected a very old (2010) HOA lien on the unit in the records - the HOA has acknowledged that no payme...