Texas sized profits in Texas tax sales
Tuesday, April 13
Here is a little refresher about Tax Deeds or Sheriffs Deeds in Texas and Sheriff Sales.You buy at auction all cash, cashiers check, letter of credit. You get a sheriffs deed which gives you title to the property and extinguishes all liens. You now can do whatever you want with the property excep...
Real men love mold
Friday, April 02
So you’ve come across a great deal but it needs mold remediation. Do you freak out and run away as fast as you can like most people or do you like the seasoned pro you are smell the money? Finding a property with mold damage can be like finding a moldy bag of gold in the corner of the room that ...
Vendee financing is your friend
Friday, April 02
Vendee financing is a financial product offerred by the Department of Veterans Affairs through Bank of America. It is offerred on all VA foreclosures. It absolutely rocks. I have used it to acquire two properties this year and am on to my third.So here are the terms (for non owner occupier): 5% d...
10 mortgages - now what?
Friday, April 02
The Fannie Mae guidelines were revised again last year back to the original 10 mortgage limit for individual investors. During the financial crisis they lowered them to 4. What is interesting is that even though nearly every mortgage is backed by the government some originators are still stuck a...