Chad McIver
Analyzing a auction property, confusing, details within.
There is a property that is scheduled to hit auction court steps this coming month.Auction detail:"IN RE HAROLD W. BURKEMPER AND DIANNE M. BURKEMPER TRUSTEE'S SALE -- Default having been made in the payment of a Promi...
Timothy Allen
Using multiple Property Managers
Hello BP, I'm a new investor here looking for your advice.
Ive just recently started the purchase process on not just one but two of my first investment properties! Two duplexes.
The properties are 1 1/2 hours from...
Sam G.
Advice on Financing For First Deal
Bottom line up front, I bought an acre in an urban setting. I re-zoned the property successfully, have full construction drawings and are nearing permit for 8 apartment units. I bought the land for $250k ($100k down a...
Richard Chover
Long-term Lease Options
What does everyone think about lease options?I used to do lease options 20 years ago, and it seems like a great way to wrap around without trigger a sale or breaking any terms of common notes.I have a $1.3M property w...
Dennis Nemitz
Duplex not zoned multi-family
I have a chance to buy a place that is an up/down duplex but is not zoned for it. It has a history of being a duplex for 10 years in an area where there are a lot of rentals. What are the potential ramifications?
Joe Wood
Looking for North NJ/NY/PA brokers
Hey guys,
I'm looking into purchasing an apartment over the next year, hopefully in the area which I described. Does anyone know of any helpful brokers in the area? I'm located in North Jersey (07480).
Mariah Sanchez
Whats the word again?
I am trying to word an email correctly, and only remember hearing the term used once before. I am trying to find the word for when you have say a 30 year fixed rate, with the stipulation that by say year ten the entir...
Brook W.
Buying Property with Existing Section 8 and Rent to Own
I have a chance to acquire three new units, and it looks like a good deal for us.
The only thing is: I have only dealt with traditional leases, i.e. one or two years, monthly payments, month's notice to move out, etc...
Brad E.
Does this seller have authority to sell this house?
Hey BP - I found a motivated seller. He has been owner financed by another LLC (not a financial institution). The title to the property is still in the financing LLC's name. The way the seller described his current...
Bill B.
BK 7 complete; Schedule A, Schedule D and a very confused ME.....
Hi, I'm doing DD on a note. The borrower filed BK 7. The court relieved the borrower from the obligation to pay the mortgage. However, I've read that this action by the court does not remove the lien that I may pur...