19 February 2011 | 19 replies
So, if you had one account that had a bunch of stocks as well as a house, and there was a prohibited transaction involving the house, you would owe taxes and penalties on the stocks, too.I'm not a lawyer or an accountant, so your mileage may vary.
14 November 2007 | 6 replies
It seems like you've decided to share some articles that you've written and posted elsewhere on the net in your recent posts . . .As someone who seems to have a strong background (I can only assume from your article posts), it would be great is you were to get involved in some of the discussions going on here on BP.
1 October 2007 | 11 replies
Although my dad was involved in numerous real estate investments, nothing rubbed off on me except the desire to do it.
26 September 2007 | 11 replies
There are lenders who are not concerned but those lenders will charge higher rates, have poor terms and pre-payment penalties in many cases. 6 or 12 months seasoning will open up all the normal lending options.As Scott mentioned you really need to understand the refinance assumptions before heading down this path.If you want to pay commercial rates and terms many commercial programs will let you use the appraised value.
1 August 2007 | 1 reply
Small ladderI found over the years that if I work with a plan, which involves looking at the whole house first, before doing anything, I've been able to do a complete "make ready" on a 2000 square foot house in just a few hours of work, instead of jumping right in and starting a mess before I've thought it out.Starting at the room farthest from the front door, and using your checklist inspect each wall, the floor, ceiling, baseboards and doors.
2 August 2007 | 1 reply
now with this in hand, contact every creditor that was involved and send them a copy of this decree.
6 August 2007 | 4 replies
Buying before the auction involves buying from the borrower/owner who is about to lose the property.
27 August 2007 | 7 replies
Likely the buyer will want to pull out rather than get involved in a mess.
6 August 2007 | 10 replies
As John said, the buyer will view you as a seller.Now normally in a wholesale deal, official inspections are rarely involved.
3 August 2007 | 0 replies
or is this for more of experience investor because of details involved.