Cameron Tope
Bank denied my offer and countered too high!
Hello fellow investors,I'm in a predicament. A property that was approved for a short sale by the bank has now denied my offer (after 5 months) and the bank wants next to retail.In this scenario I figured I would sub2...
Brian G. Bump
Whereto hold RE profit frm sale while searching fr new investment
We are negotiating selling our rental home to the current tenant. We have lived in the home 2 out of the last 5 years(owned it since 2003), which should prevent us from paying capital gains taxes. The goal was to keep...
Susan Rauch
1031 exchange on an inherited property question
Hello! Would love any input or info. I inherited a SFR 10 years ago worth $700k. It has been rented since then. I’ve taken about $180k in depreciation over the years. The house is now worth 1.5 mil and my tenant plans...
Lucas Rowell
Short Sale hold restriction
Hello and Happy 2020 Bigger pocket family!!I have a property under contract to purchase that is a short sale, and looking at several more. My question is the "90 day rule" before resale is that universal on short sale...
Mohammad Khan
First Time purchasing property at sheriff sale NEED HELP
Hello Everyone,I bought a single family home in Northwest Ohio through a sheriff sale. They told me that the deed will be ready for me in a about six weeks. I have never purchased a property this way before and took...
Jacob Bremer
Proof read my estimate -
Myself and a partner have a potential opportunity for a spec build, and I am trying to run numbers for the proposal. I am just hoping to get some feedback. Big picture is to buy an old house in a prestigious neighborh...
Jarrod Joplin
1031 stocks proceeds into real estate
Can you take to proceeds from selling stock and 1031 into real estate? Anyone out there done this?
Ashton Fry
Multiple Hiers!? How to force a sale with majority
Good afternoon, I am in communication with a seller who is a part owner in a MFH. She is 1/7 owners and her other three sisters want to sell too. This would give me 4/7 owners that want to sell the property. I have he...
Amit Bhavsar
Short Sale -Title
Hello Everyone: Getting in to my first short Sale and have a seller go ahead purchase and sale agreement in place. Understand that the next step is the waiting game for the banks.
Also I have 10 days starti...
Sean B.
What to do with a serious underwater property...
Trying to find a creative solution for my rental investment. I bought the property at the height of the market to fix& flip and wound up becoming a landlord. The property is now about $120k underwater on a $260k...