Jesse Vipond
HELP! Need Advice On Evaluating A Mixed-Use Investment Property!
16 March 2016 | 8 replies
is he in foreclosures or tax salewhy he is selling, make sure you get the real reason (often the seller will tell something that is not their real motivations, you need to dig to get the REAL reason he is selling)what's the rent, what do the leases look like, how long have the tenants been there, when does the lease expire, what type tenants was there in the commercial space (their business)what is the highest and best use of the property, can the zoning be changedwhat's the potential for a change of usewhat is the condition of the apartments, are they quality tenants, how long therehow much contract candy (incentives) can the seller provide; seller financing, can add (stuff - a car, truck all the good stuff in the buildings, contribute cash to buyer at settlement, possession with a delayed settlement, principal only payments on the seller financing- that is no interest)After I feel comfortable with his answers and I feel he is being truthful with me and that I understand the property and his motivation I may consider making an offer.My problem is that I am involved with his problem and I don't want to make a mistake!
Peter Fennig
Capital to finish duplex being bought via seller financing
30 November 2015 | 8 replies
There is a source that will fund homeowners who have possession of the property and need money to renovate for ultimate resale.
Lewis C.
Purchased Foreclosed Property at Auction- Owner still lives in property
26 August 2014 | 7 replies
Not sure about the laws in Tennessee, but in Florida, if they don't move out on their own free will, you'll have to hire an attorney who files a motion with the county court to obtain a "writ of possession", which you then take down to the local sheriff's office to get the eviction.
Cliff Zarbock
Evictions in Texas
31 December 2014 | 5 replies
After a "writ of possession" is preformed and the tenant/mobile home owner is escorted off the property, what happens to the mobile home?
Denise Evans
Alabama Tax Sale Auctions
2 January 2019 | 16 replies
Does a purchase of the taxes eventually turn into possession of the property after a set amount of time?
Jerry K.
Ever wonder what types of property are in a Tax Lien Sale?
5 January 2019 | 32 replies
It looks like I actually may have possession by the end of October/ mid-November.As a point of reference - noticing began last February....we filed in court in May.
Erin Cowan
My uncle signed the deed to his house over to his caretakers
17 September 2016 | 5 replies
We are not sure of the details that led to the caretakers accomplishing all this, but we do know the caretaker has filed probate in Santa Barbara and notified his next of kin (including NONE of my uncle's actual family) of his possession of a will.
Charlie Bauer
17 year old, where to start
17 June 2015 | 7 replies
Furthermore, to be a good at wholesaling requires a level of knowledge (evaluating properties, estimating repairs, negotiations, etc.) and experience most folks new to real estate do not possess.
Steven J.
Wholesaling notes
29 September 2013 | 16 replies
The attorney realizes the Deed of Trust error and creates and records in the public records the new Deed of Trust WITHOUT THE SELLER HAVING IN POSSESSION THE ORIGINAL PROMISSORY NOTE.In Colorado, the loan position is determined by the recording date and time.
Melinda Smith
Your Advice on 2 Potential Deals
22 November 2011 | 9 replies
If the buyer defaults, you have to either get them to do a deed in lieu of foreclosure and give you the house or you will have to foreclose to get possession.