I’m here to ask the experts which route I should take, if any.Basic details about me: I’m 34, recently married and no kids but planning to within the next 2 years(this detail is just for you to know that I don’t have much restrictions on moving aside from commuting)I currently own a coop in Yonkers, NY with roughly 50k in equityI am willing to invest in the tristate area but if I have to live in the property I have to limit my distance to Bronx, Westchester and Connecticut.I also have enough saved to buy a 275k property with 20% down or the max allowed with an FHA loan (this is without having to sell my coop)I have excellent credit which will qualify me for loan without an issueThe way I see it I have 3 options in order to get started: Sell my current coop, buy a triplex in a worst neighborhood with more TLC needed, and move to into the property for at least 2 years to qualify for an FHA loan.

@Gregg HenryYou could try the county clerk recorders office at 2954 Richardson Drive Auburn, CA, 95603 and run a property profile to see who's holding legal title.The address will match the assessors parcel number which will show you who's paying the tax bill...

Florida is a tricky insurance state for the simple fact that admitted companies place so many restrictions that more often than not surplus lines are needed.

Hello, the NAR referred me to legal counsel: my realtor, during my temporary occupancy agreement period, gave my buyer, not only the keys and the alarm code, but the instructions on how to disarm the alarm. 

3) Are there any legal ramifications I am not thinking of?

3- If someone holds a lien on a property but it is not recorded in official documents, what is the legal standing of such a lien if you win the auction and the property comes in your possession?

I don't know the legalities of this, but a seller long as the seller knows what isn't happening and the deal is a good deal, me as the potential end buyer is really only concerned with the numbers.

As well as I have a cosigner who would be willing to sign the note (although he doesn't make a lot he has an additional $2M worth of real estate).So here are my questions:1) I know there are some legal issues with trying to raise money from private individuals for real estate purposes and I don't want to do something that might end me up in trouble with the law.

The University now requires both Freshmen and Sophomores to live in campus housing (was just Freshmen until last year).Enrollment is down 20% at the university.Town is taxing based on 4+ family "commercial" designation, but Code Enforcement insists the house is only legally a 3-family.

Did you have any additional thoughts on the metrics of the deal, outside of the legalities of the 1031?