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I am looking to buy a HUD home as an OO and was wondering if HUD has already paid property taxes for the year or will I pay a prorated share at closing? I intend on purchasing title insurance and having an inspection...
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I am looking at several investment properties owned by an agent who is overleveraged, upside down and divesting, but he is acting as agent for the properties... I believe ahead of getting the go ahead to do so from t...
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Why do homeowners take out second mortgages?
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Hi All,
I have the opportunity to purchase ten properties for $50k from one owner which will be a huge profit, HOWEVER they all owe $8-10k in taxes. Is there any way to transfer ownership without having to pay all o...
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Hey everyone,I just wondered whether any of you pros on here would recommend any data list companies similar to 'list source' in Canada?Many thanks in advance for any recommendations.
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Hello - had a question on modeling returns on notes (Apologies in advance if this has been answered already, wasn't able to find a concrete answer in prior posts). Wanted to know what metric (or metrics) folks use whe...
Seller has a tenant in property 3 or 4 years. Tax bill in public records indicates seller is improperly taking owner occupied homested exemption. What potential liabilities if any does a potential buyer have for count...
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Hey all, first let me say thanks to everyone that posts in this thread, its been very helpful.
Seller has 3 multis that she wants to be rid of, all are in arrears. She wants nothing in return (she's 78 yrs. o...
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Hello all,
I am a newbie. I just bought a property January 28, 2013. have a question about property tax deduction. I got 2 supplemental bills with a different fiscal year last year. I paid them off in 12/31/1...
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I get a lot of people asking me about Pace Morby's SubTo Mentorship, especially after he released his new book with Bigger Pockets. I just want to say that I have had the best experience in this mentorship! I've bee...