![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3119839/small_1726503572-avatar-magalyw1.jpg?twic=v1/output=image&v=2)
6 October 2024 | 1 reply
Another option is assuming the existing mortgage, which would involve contacting the current lenders to explore formalizing the arrangement and having the properties deeded in your name while taking over the loans.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/941147/small_1695222880-avatar-ronaldr46.jpg?twic=v1/output=image&v=2)
6 October 2024 | 3 replies
On occasion these letters have resulted in the parties entering a more formal easement agreement.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1624721/small_1694923916-avatar-natep42.jpg?twic=v1/output=image&v=2)
6 October 2024 | 7 replies
Since your tenant isn't responding, it might be time to consider more formal steps.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1159331/small_1621509721-avatar-michaelb1003.jpg?twic=v1/output=image&v=2)
2 October 2024 | 4 replies
Do you know of any formal education OR do you provide mentorship for parking lot investment?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1333217/small_1678910530-avatar-austins197.jpg?twic=v1/output=image&v=2)
29 September 2024 | 8 replies
Then payoff their mortgage/liens and I take the rest.If I structure it this way I've been told I don't necessarily need to go through a title company and formally "Close" on the property which would save me a few thousand bucks.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/977581/small_1699555009-avatar-johnp521.jpg?twic=v1/output=image&v=2)
4 October 2024 | 17 replies
Alternatively, and again this may not be worth the effort, in all Sub docs, there is likely a formal notice address.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2282290/small_1638160069-avatar-chidat1.jpg?twic=v1/output=image&v=2)
14 October 2024 | 420 replies
Which you either assume (which is unlikely to happen in a formal sense, so by 'assume' I mean start payments), or you do a loan with the seller for $80k.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/528180/small_1700515012-avatar-ahmedh5.jpg?twic=v1/output=image&v=2)
28 September 2024 | 12 replies
You’ll find investors from Toronto, Vancouver, and other major Canadian cities who share their experiences about market conditions and regulations in Canada.For formal groups or chapters, outside of BP, the Canadian Real Estate Association (CREA) and local investment clubs are great places to connect with more like-minded investors.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/208486/small_1621433308-avatar-michael_plaks.jpg?twic=v1/output=image&v=2)
30 September 2024 | 9 replies
I know the Guide isn't law, but in my experience its not the law that is solely enforced, but also the derivative regulations, formal guidance documents, as well as case law history.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/465860/small_1621477893-avatar-alexcap.jpg?twic=v1/output=image&v=2)
1 October 2024 | 29 replies
Wild that you have to submit an RFP, didn't realize it was such formal process!