All Forum Posts by: Account Closed

There is no probate record, the title may still be in the name of the deceased.  Given the heir is on the lamb, and the house was never passed to him, cooperation is unlikely.  Does a mortgage company only start working with a realtor if a foreclosure auction doesn't yield the price they want? How does a realtor get looped in? 

I know of a house in Fort Wayne IN that has an outstanding mortgage.  The owner passed away 10 months ago, with no will.

Apparently his son made an attempt to take over the house but with no will he never got anywhere and then had to hastily leave the area due to an arrest warrant. :-)

Taxes were paid in the Spring, but I'm assuming no mortgage payments have been made this year. Others have tried contacting the mortgage company but didn't get anywhere is they are not the owner.

Does anyone have any advice on how to make an offer with the mortgage company or do I just need to wait until the foreclosure is made public?

Newbie, getting ready for first deal.

Does the Pro membership allow you to save the actual data in a calculator so you can come back and edit later? Also, can you transfer data between calculators so you can compare buy and hold vs BRRRR without retyping all the data?

Now for target numbers. 

Buy & Hold, on a webinar Brandon stated he ususally looks for single family with $200 cash flow and 12% CoC. Should target be any different for a duplex?

For BRRRR, my guess is the main goal should be desired cash flow, around $200 and getting ideally all the money back out.

What else should I be considering?