Option - In legal language, a real estate option is an agreement that grants the party owning the option, the optionee, the exclusive, unrestricted, and irrevocable right to purchase property from the party selling th...
For those of you that invest in tax deeds. Which states require a quite title action to get clear title? Md is considering moving form a tax lien state to a tax deed state. I am not sure that is in the states best in...
Hi all,I just read this related topic on tax implications of Subject To: http://www.biggerpockets.com/forums/51/topics/1303...My question is what are the tax implications of seller financing that is done via the creat...
For real estate agents, business brokers, and mobile home dealers and brokers, seller-carryback financing can make the difference between a "sold" or an "expired" listing. This is particularly so in certain economic c...
I'm witness to a recent tax sale withdrawal on bid4assets.com that doesn't seem right. Usually I see all withdrawals happen the day before auction(last day for redemption). For this particular lot sale which was offer...
ALL:
Good morning. What's the deepest discount you received on a short sale? Was the property in pretty bad shape, or was it fairly decent? What was your exit strategy, and how much total profit did you receive from ...
My husband and I own 3.5 acres in Pennsylvania. Our neighbor passed away nearly two years ago and he owned the adjoining 10 acres. (Also has a house on it however, it is condemned.) We have been trying to work with th...
Hello Everyone,I have a property that I am looking to buy that is a bit of a complicated one for me that I need some help with. I'm going to consult an attorney to be sure how to do things (if I even can), but I wante...
I purchased a building October 17, 2017 via LLC, me 50% and one partner 50%. My contribution was 150k.June of 2019, I sold my 50% share of the LLC to my partner for $250k (building was not sold). I received my princip...
My husband and I are just starting to get our feet wet in REI in Stockton, California. We are newbies who are reading/listening to everything we can get our hands on (lots of BP content of course) and have put offers...