Lamont Marable
Under Water Deal - How should I help her?
I have a lady that would like to sell her home but she's underwater. - Home value 138,000 - Mortgage is 210,000 - She has a tenant in the home - Mortgage is late and tenant pays on time- The house is in Waldorf Maryla...
Billy Rogers
Buyer wants to delay sale
I have a piece of land for sale for $6,200. I had a buyer offer $5,000 cash and wanted to close tomorrow so I agreed to the sale. Another potential buyer I had talked to earlier called today and said he had the c...
Shweta Patel
Purchasing a park- question about deposits on RTO contracts
Hi guys,I am looking into my next park deal. The current owner is transitioning the POH's into RTO's and has 4 already in place. My question is- wouldnt the deposit's currently held by the owner on these contracts tra...
Dee Xixi
US Marshall Auction with tax lien
I am the highest bidder on a US Marshall auction but I did not really do my research until after the auction. I found out the owner havent pay taxes since 2003 and it might be possible of other lien against the proper...
Alexander Reyes
What are some interesting tax benefits for owning a house?
Anyone have any interesting tax benefits that I could use in the Houston Texas real estate market or any general tax advice? Any CPA’s in the Houston area or tax advisors?
Brittany H.
Multiple Lots & Cash Out Refi
I have been watching a house up for online auction. The property for sale consists of 3 lots, and has multiple deeds. The title company is supposedly trying to combine it before the sale but the sale won't be continge...
Mikael Winkler
Adding Partner to Loan and Title in Refinance
Hello BP!I have a silent partner on a property that I own solely and am simply wondering what steps are involved in getting him added to a new loan, as well as, Title in a refinance. While also removing myself from bo...
Tom Horan
LLC first or Refi first?
Hi Folks - I own a single family home with 25% equity in it. Original loan was an owner occupied loan and looking to get the property out of my name and into an LLC. I also want to refinance the property. What makes t...
James Danchus
Have You Ever Cold Called Off Craigslist?
I was listening to a podcast the other day and Tom Krol said he had a bird-dog find a deal for him by cold calling Craigslist. Has anyone here ever tried that? What ads are you calling?
Shawn Chase
Another Depreciation Recapture Question
I have been reading about depreciation recapture and understand it pretty well. However, there is one question I cant seem to find an answer to. Upon sale of a rental property I find that I have a capital loss. How...