Hey folks,I love being able to look through these forums, they have been a big help!I am about to start a contract on my first deal. The seller lives in Florida and she inherited several properties in Georgia from her...
So I Bought some land in Memphis TN from the land bank. It was a tax forclosure. Now I'm trying to sell it but I find out there's all these regulations and it's gonna cost me $2,000 to hire a lawyer to be sure the ti...
I am purchasing a property with a Land Contract. Should I be purchasing title insurance or can I just do a title insurance. I will be recording a memorandum to make sure that the property will not be encumbered ...
My friend has a house the he owns under a land contract with equitable title. Does anyone know if he should depreciate that house on his tax returns or can he wait to refinance and get the deed before he starts deprec...
Hi,Has anyone obtained title insurance in California for a property that was held in a Land Trust? What California Title insurance company did you use?The reason I ask is because I was advised by Anderson Advisors to ...
Why would an owner sell by issuing a LAND CONTRACT instead of the traditional way lending institutions do it at closing? After all isn't it the same when the buyer defaults to foreclose on them and the FSBO will get t...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Cincinnati.
Purchase price: $99,910
Cash invested: $56,000
A fixer upper 1,666 square feet duplex: 2bed/1bath and a 1bed/1...
Hello!
My husband and I are buying our first home. It is a 2240 sq ft. Mobile home (on block foundation) with 4 bedrooms and 3 baths. The property contains five acres, a garage, and a barn with six stalls. This place...
I am enamored with the delayed finance approach that you detail and still trying to wrap my brain around this as a new investor about to close on my first (!!!!) flip in Cleveland. The idea makes sense as does delaye...
I'm looking to take over a mortgage and the title search shows that the sole owner, per the filed deed, was married and divorced during the period of ownership but the ex was never on the deed. I would like to get th...