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My friend/business partner and I are working to try and set up a deal structure on a 1031 that is most equitable for both of us. There are several deals floating around but the one I can give rough details as an examp...
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Hey All,I bought a small triplex in September 2020. Now because of personal circumstances I am selling.I just accepted an offer. The buyers had an inspection done and are claiming roof needs to be replaced because of ...
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I'm in a mentor/mentee relationship with a house flipper. He recently has re-entered the market and I help him with the acquisition side of things. So usually, I'm helping by scanning the MLS for rehab projects and re...
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Any input is welcome! Thanks ahead of time BP community!!The background of the situation is that I am finally out of attorney review after a grouling back and forth of the seller trying to aleviate any options for me...
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I'm about to close on a duplex next week. There is currently one vacant side. The previous landlord had the tenants do the lawn care and it shows. I spoke to the existing tenant, and she said her roommate used to do s...
Hello all, our Second Mtg. (Heloc) lender sold our home at Trustee's Sale in April. Winner had no idea he was bidding on the Heloc lien, and now has title to the home, SUBJECT TO the First Mtg.We bought a nice home p...
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Newbie here.. I am interested in a property that is in a great location. Commercial first floor with 3- one bedroom apartments on the second floor. The building is on main street within a growing community and faces...
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I live in a suburb of Sacramento where the median list price is around 780k. We currently own a home values at 950k. The loan balance remaining on this house is 70k. We have been thinking about upgrading to a bigger h...
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if somebody buying a home, ldeposited like 50-60k in escrow account.home inspection is done, home appraisal is done, now due to some reason, like in the mean time interest rate went very high or any other personal rea...
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So, I'm working a short sale and just received counter offers from both the banks (1st and 2nd) so I have a max amount I will be paying for the property and now the owner tells me his dad wants to buy it from me all c...