I know a house owner they purchased a house $750,000 in Oct, 2008 with real estate tax is $15000. They have old house which it has $180,000 mortgage and tax is $7500 which is vacated to sell.

According to my estim...

Investment Info:

Single-family residence buy & hold investment in Elizabeth Lake.

Purchase price: $290,000

Cash invested: $100,000

Elizabeth Lake Property that was initial just a base hit propert...

I plan to buy my first rental property in a few months. I have money saved up.  I have met with several bankers.  I am learning to analyze deals.  I am about to contact a real estate lawyer to set up an LLC and obtain...

I am new to BP and also a rookie investor and looking to purchase my first property. I am located in Mass but have been targeting Cleveland as my first market. Open to networking with anyone in the market with any adv...

If there is a house owned by a trust and all three trustees currently have ownership of it. Is there a way to buy out one trustee without triggering capital gains taxes?

Hi BP community .  My grandparents have lived in a 2 - unit duplex in Cambridge MA for 53 years. They purchased their home for $35k - the value has sky rocketed in the past 15 years. They are looking to move out of th...

I have a lead on a vacant house in a good neighborhood. It's currently own by a "Family Trust" However, records also indicate that it is owner occupied and the owner mailing address is the property address. Should I s...

Received my first call from yellow letter sent to homeowner of vacant property. House is in disarray and owner tells me she owes 40k and is one year behind in mortgage pmts. Approximately $930/month. Whatever the fees...

So I just got my first list of addresses back after driving for dollars. Out of 40 addresses I have 5 that have different tax addresses  than the property address and 3 that are registered under a trust. Otherwise the...

Hi! I have a rental house that is owned by an LLC. I was told by one bank that I would have to get a commercial loan because the house is owned by an entity, and not a person. How do commercial mortgage loans compare ...