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Bank Recourse in Auctions? - Missouri
Hello BP Community!I am looking to purchase a home through auction for my family and I and the details are as follows:Wells holds the lien and there are no junior or other outstanding liens.It was established in 2011 ...
Shelley F.
Deed 'in lieu'
Hi folks! I have not posted in a long time, but have been very busy with both my real estate projects (I consider myself an entrepreneur more so than an investor) and my family and 'real' job. My real estate projects ...
Mike Schorah
Why don't I ever hear about people losing money doing BRRRRs?
I always hear about people losing money flipping houses. Why don't I ever hear about people losing money doing BRRRRs?For instance, I've heard of people losing $5k-$70k on a flip sometimes, but I never hear of someone...
David B.
Pursuing Profitable Sheriff Sales in Monmouth and Ocean County NJ
Recently I've spent time learning the process of acquiring property via these auctions. I will start to pull some properties down as I intent to start bidding next week. And I wish to consistently purchase properties ...
Jason Le
How to find out who owns abandoned houses?
I found an abandoned house and owner passed away a couple months now, but the neighbor said the owner has no relative to inherit. My question is how to find out who is actually holding the property? Where can I go to ...
Melissa Card
Wholesale an REO without back to back???
Hello BP'ers, I wonder if anyone can answer a question or knows who can...Have you heard of wholesaling an REO without a back to back close? Since you can't do an assignment.
I heard the wholesaler gets it under con...
Keerthi A.
How this deal look like - Pls Advice 1st Deal
Area - Chicago NW Suburbs
16 Miles from my place.
2Bed/1Bath Apt
Looks Clean, Move-in Ready
Bid Price - 38,500
Asking Price - 35,000
Offer Accepted by Fannie Mae Today.
...
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Doing Your Own Title Searches
Is anyone able to do their own title search to see if there are any liens on a property or do you just contact a title company?
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QuitClaim Deed form husband to wife
Does anyone know of any concerns to look for if a spouse has transferred interest to a spouse via a quitclaim deed? I saw a video that warned of this transaction. It suggest the grantor could still have interest. A...
James W.
Auction of property with Multiple Loans?
Quick question - if the property in auction has lets say three mortgages open - and only one plaintiff is running in the auction - what happens to the other two loans?1 - Does the plaintiff add up three total loans - ...