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Hey All! I am interested in investing in tax liens. Several years ago I read Michael Pellegrino's book on Tax Liens but unfortunately I cannot find it anywhere in my home! I *think* I remember that in the book, he ...
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So I have a lead on a mobile home park. The owner called me after my first mail campaign to him. Our conversation was a little odd because he said he didn't want to sell the park, he only wants to do a 1031 exchange b...
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I am wondering if I can go directly to property management companies and buy HOA liens? . I've been reading that many investors buy the liens and rent out until the bank forecloses. Has anyone ever done this? The way ...
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Hello BP!I have a duplex under contract in Atlanta. We pulled the title, and there is 24K of outstanding water balances. It's not a lien, but they are bills owed by two different past tenants.In Atlanta, these bills f...
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I'm investing with an equal partner and unfortunately we're defaulting on our hard money loan because we don't have the money to pay it off and we won't be able to sell the home by the due date. A contractor also put ...
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Generally speaking when buying foreclosure properties at auction, can they sell for less than the outstanding debt balance? I would imagine not, but hoping someone with experience buying at auction could weigh in.Thanks!
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Hello all,
So I'm looking for some advice here. My house was sold as a short sale, we closed on 11/4/09 and there was a first (Washington Mutual, now Chase) and second (Citimortgage) lienholder involved. I recently...
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Hello BP!
I did seller financing for the first time on a property I inherited. I sold the property for 18k and the borrower owes about 12k. The property is in AK and I lIve out of state.
The borrower has been gettin...