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Just finished my 4th tax lien sale here in Indiana over the last couple mo. At the last sale in Madison County (Anderson, IN...depressed area), nice homes went for 50-100% of assessed values with back taxes owed just ...
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I hear stories that people have bought houses for 10 cents on the dollar at sheriff's sale/auction. How is that possible? Why would a 50% equity homeowner default when he/she could put their property on the MLS at 7...
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I am the 2nd lien holder of a property that is about to go into foreclosure. I have been in touch with the 1st lien holder, and he expects to start the foreclosure process this month. Details below.1st Lien = $195,0...
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Hi everyone. I am a new poster in the forums. My spouse and I are about to get into owning rental property (signing our first offer today) and I am getting cold feet. Could someone check out our numbers/plan and te...
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Three of us are planning to buy a single family home or duplex for a buy and hold plan this summer (or before). We know we most likely need to take title in our own names for mortgage purposes, but then want to transf...
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This is in a house we just bought to rehab and hold, but now I think I am going to flip it instead. What would you do to this fireplace? I want it to look really nice, but not totally out of place in a neighborhoo...
My wife and I are expecting a second child. The house we are in now (in Texas) is not going to be big enough. We owe $60k on the house with plans to sell for $135k. Additionally, we own a rental property in New Hampsh...
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Are there any tax implications if you get a line of credit or refinance to pull cash out of a property to invest in another? From my understanding, pulling out cash through a refinance would have tax implications. Can...
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Approaching my friend to lend money on a deal. Couple weeks ago I started listening to BP money podcast. Very first podcast I listened to Mr money mustache. I liked his message and started reading his blog. Within 2 ...
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Hi BP members! I am new RE investor and have been reading and listening to every book and podcast I can get my hands on for several months now but am now wanting to actually take action! I currently live in Atlanta an...