Derek Bunyard
Paying off a line of credit at closing – what are the tax consequ
Hello BP community,
What are the tax consequences of paying off a line of credit that was used to purchase another real estate property?
Here’s an example of what I’m hoping the BP community can help me answer:
...
Itay Binyamin
Title company for wholesaling FLORIDA
Hi everyone, I have a quick question in regards to title company’s while wholesaling.
If I target a home and agree on a price with the homeowner, and we have a signed PURCHASE & SALE agreement between him and I,...
Loletha Green
Quick draw
I'm new at this and I've attended a great investor seminar and real estate school, I am certain this is my niche. My question is, I am in a tough situation and wanted to start short sale and Reo investing with no mone...
Rik Patel
Asset Protection - LLC or no LLC?
Hi all!
I live in Florida, however, just closed on a duplex in Ohio. The duplex right now is under my personal name. I want to transfer it to an LLC but it will trigger the due-on-sale clause. I'm reading that we ...
Account Closed
Where does a Real Estate Agent get their leads from?
I'm not an agent but have a friend who is having trouble getting leads. What are you guys all doing, are you getting them through paid traffic to a website? Through flyers? Is there some service that provides the ...
Michael Klaus
property repairs during shortsale
Hi!I am pretty new to this, so sorry for silly questions. I am waiting for an approval from bank to purchase a shortsale. We know that the property will need some repairs, I hope, not huge though. We didn't have a pro...
Mario Bycinte
Buying bank own properties and Fannie mae short sales
HelloI'm Mario from the Boston area I'm a new to this , I'm looking at Bank own properties and also Fannie mae short sales. For flipping How do I get an investor to give me an approval funding before I meet with a broker
Brent Taylor
New to investing! Dealing with the bidding process of an REO.
Hello investors,I wanted to get into investing so I start wholesaling all most a year ago. I thought I was doing good until I came across a real estate agent for the first time. Up to this point I've closed quite a ha...
David Ivy
April 2017 Market Report
The April 2017 Central Texas Housing Market Report is out from the Austin Board of REALTORS®:
Brandy Guthrie, 2017 President of the Austin Board of REALTORS® commented, “After a slow beginning to the year, increases...
Jennifer Irwin
Zombie foreclosure in Texas
First of all, I had never heard of a "zombie foreclosure" until I started researching. I have found a vacant house in my parents neighborhood which I am very interested in purchasing as a home for myself. Both as ...