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Have an interesting deal pending. A short sale was listing in my target area. I made an offer (full asking price, 2% concession) fully expecting to get a highest and best counter which has been the pattern here in P...
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Seller balked at closing then sold the lot to a 3rd party before out closing date even arrived. Consensus is that Specific Performance suits aren't worth it for this small of a deal (Still worth 25k to me). I'm told t...
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I saw this on a 1031 exchange company's website"At 1031 Exchange Place, many real estate investors contact our office just minutes before closing on their transaction and successfully convert a sale into a 1031 exchan...
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I am negotiating with the bank on a short sale and they will not let me use our own title company....Has anyone worked with Golden Eagle Title before in Cleveland Ohio? That is the title company I am forced to work wi...
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Hypothetical situation: Sale price-500kCost basis-300k-50kdepreciation =250k1-Let's say at closing I want to place 400k into the 1031 and the remainder-100k- I would like to cash out at time of closing. I'm trying to ...
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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...
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I've started up my wholesaling business recently, and in addition to all the investors, hard money lenders, and wholesalers I've met, I come across many short sales specialists. My focus is 100% on wholesaling, but I'...
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i am starting out at whole sales and i want to targer pre foreclose amd foreclosure homes would like some guidance on how does it work ?
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Can someone who has done these successfully and recently, please highlight the actual logistics of completing a sandwich lease option currently?If I get a property under contract as a lease option from the seller, whe...
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Hi all,I'm planning to sell one of my properties to the current tenant at some point near the end of the lease period. I'm curious what others have done and what is the typical sequence of events in this situation.I'...