All Forum Posts by: Dennis Maynard

It is.  Be patient and schedule a call.

Probates are sales of property handled by the courts when there are no last will and testament in place.  In other words, there were no instructions what was to be done with the property after the person died.  Subject to court approval means just that, the offer is presented to a judge who approves the sale.  If you see subject to court overbid, that means that an offer will be accepted, and then a little mini auction will be held at the courtroom in front of the judge.  They can be quite entertaining as these guys get bored and love to do this to break up their day.  For overbid details, contact the listing agent for instructions.

If your offer is accepted, it shouldn't take long.  Maybe a couple weeks.

Nothing different.  Evaluate the property, estimate repairs, make an offer.  Use an escrow service.  They will handle calling the lender for the payoff.  As the seller is under duress, make sure they have a place to go.  Do not give them cash to move out.  They need to sort that out.

It gets tricky when you are buying the property for less than what is owed.  That's called a short sale.

My 2 cents...

Don't give up.  18 is right around the corner.  Keep learning!

Personal question which requires personal answers.  Write down all the things you have: Credit, down, knowledge, area knowledge.  don't commit until you know what you are getting into and what you can afford.

any time you are asking these questions it generally comes down to personal preference.  I would look into what's available vs return.  Are you ready to jump into a full rental?  Can you handle more mortgages?  What do you financially qualify for?

I don't think so unless you are an emancipated minor.  Check with local laws.

Just search the internet.  I'm sure there a plenty.

@Jeff Prather @Johann Jells may be on to something.  I would say to stick with the style of the home.  Looks like there are many options out there if you just search for ceiling tiles.  

First, ask yourself what you know.  Then ask what types of commercial real estate are you interested in?  Apartments, retail, office, industrial, hotel, or self storage.  Those are the primary food groups.  Then they might break down more, Industrial for example - R&D, Data Centers, Distribution Centers, Manufacturing (all types), Cold Storage, Storage, Hazmat Storage, etc.  You get the point.  

If you want to connect and discuss further, I'm happy to chat.