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I assume the loan would just become the debt of the estate. Would it then have to be paid off in order for the heirs to close the estate through probate? Or is there a way around this?
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soo..my dad bought a rental property 3yrs ago and i liked it so he let me move in and pay the mortgage along with the other obligations.it was 100k, he put down 20k and the rest is history.My wife recently started wor...
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I just passed my sc real estate exam and wanted to find a brokerage before I applied for my license. Could anyone recommend where I will be able to do retail sales but also learn more about investing? Or at least anot...
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Hello, biggerpockets! I am CRE professional living in Chicago and starting to test the waters as an owner/operator in the form of stabilized, cash-flowing 2-4 unit assets. Over the last 8 years, I’ve worked for two ...
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Regardless of elections, year-end tax planning moves forward…with or without Congress.The fate of many of the tax incentives taxpayers have grown accustomed to over recent years will likely remain up in the air until ...
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Hello,When buying my primary residence 9 years ago, I utilized a $15k loan from my solo 401k account for cash down payment. I have a few more thousand $ to pay back that loan.I now have another 401k account through my...
Hello! I'm new to this forum and new to real estate investing. I am recently self employed with not much income to show, I own my home and have a HELOC I want to use as down payment for an investment property. I have...
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Hi,I purchased a second mortgage on a non-primary residence that is in default. I'm hoping to work out a modification with the borrowers to start receiving payments. This is the only loan I own in Kentucky. Balance...
This is Maiddo from Buffalo, Ny. My wife and I am interested in buying and holding rental properties. My wife and I are presenting looking for our first property and hope to close on one or more before the end of the...
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So I own a house in Peterborough Ontario that I bought it in 2021 for 302,000 I put around 100,000 into it and some Realtors are saying it's worth around 580,000 (5 bedroom, 2.5 washrooms). My parents have a house in ...