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4 August 2024 | 30 replies
I forget the number right now but if you are within I think 5 days from sale date the lender isn't obligated to reinstate, but still may.You may be able to delay the foreclosure by simply asking for more time, you are now the property owner and have some sway.A couple observations:You don't have title insurance as no title company will insure a trustee's deed in CA, so that won't help you.You won the auction based on your commitment to occupy the property (SB1079), so this is not a quick flip.To buy time and delay foreclosure you can file a stripped down bankruptcy.You can't stop payment on the 86k wining bid since you paid cash at the trustee sale.Generally trustee sale buyers don't have a real good feeling for the property condition, unless you do for some reason, so this is a wild card.
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28 July 2024 | 7 replies
Just wanted to get the word out that I'm starting a meetup for BP members local to Martin Count, FL and Saint Lucie County, FL.
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31 July 2024 | 35 replies
Lol - from a guy who moved from Philly to South Florida I'd agree w that statement.
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4 August 2024 | 13 replies
There are plenty of reasons to title your real estate in LLC's but those who approach entity formation with anonymity as the objective are mistaken and usually complicate the entity formation process unnecessarily. 2.
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28 July 2024 | 3 replies
I live in Sarasota County (outside of Sarasota City), FL and trying to understand the rules, regulations and loopholes with STR properties.
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5 August 2024 | 2 replies
At this point I had found I was pretty good at finding and managing tenants so I partnered with a real estate broker and started managing for other investors.
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31 July 2024 | 3 replies
Hi all, trying to get a HELOC on my primary residence and having a hard time finding a bank that counts depreciation towards income
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31 July 2024 | 46 replies
Not to mention that 2023 has been a pretty horrible year for Disney and Florida tourism generally.We're holding on to these for at least a little while longer to see what happens.
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30 July 2024 | 8 replies
I've been talking with my real estate agent and have an idea of what ill do.
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4 August 2024 | 3 replies
Other than paying the lump sum...Laws regarding real estate are state specific.