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Hi BiggerPockets. I'm looking for some advice regarding the transfer of property from my in-laws to their 3 adult daughters. I will, of course, seek advice from a legal/tax professional, but recall from time that I pr...
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The situationHouse is rented for $2,200/month. Property is currently in a bridge loan ($2,200/mo). Rehab took much longer than intended for various reasons numbers quit working as interest rates went up. I'm self empl...
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My wife and I are within a month of buying our first place in Orlando, Florida. We were blessed to have my father use a cash-out refinance on his residence in Minnesota which allows us to fund this deal 100% (no bank ...
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My 80 year old dad wants to get rid of some properties he's had in Arkansas for 30 plus years. They are all paid in full and none are occupied. What would be the best approach for him? Sell all at once? Sell one a...
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Hi all,I need the professional to put on their legal hats here, as I have a situation where the buyer purchasing my condo cancelled 23 hours before the closing. Please note that I am the seller/owner and selling agent...
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Hey Guys!I am planning to buy the below property cash and immediately turn around and do a cash out refinance to get 100% of my money back. Can some of you pros help me analyze this deal?Year Built: 1960Roof was repla...
Hello! I am curious to get feedback from everyone about this situation I have found myself in. I am currently under contract on a property that has 2 duplexes (4 units) and shop buildings on it. The seller of the prop...
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Hey all,I’m relatively young (30), and in the fortunate position of having the capital to afford a $1M - $1.5M mortgage. I live and work in LA, and I’d love to know: for those familiar with the market, what would you ...
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I have a question around cash purchases. I'm in a very fortunate position to have a family member willing to front the cash for an all cash offer on a home for me. Ultimately, we want the name on title to be me and I'...
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Hi there!
I have a wholesaling question. One lead that has come to me is a gent who bought a condo specifically to sell it. I get the sense that I could get it at a discount, but it is not a property in need ...