Michael Wentzel
Assuming a mortgage and taking possession through a trust?
So this is a first for me. A wholesaler in the market where I invest brought me a property in which the current mortgage would stay in place and I would close on the property through a trust. I have used this wholesal...
Chukwuma Nnaji
How to take possession of an occupied Auctioned Property
Hi everyone,Am new in the real estate investment. I won a bid at an auction occupied property, I have not signed any contract yet. I can't inspect the property to determine the scope of work. My lender is insisting th...
John Lamb
How to handle post-possession closings with wholesale company?
I'm looking at purchasing a property from a wholesale company but the current owner will have a 30 day post-possession closing in order for them to find a new place to live. When I called the wholesale company, they s...
Daniel Kong
Buying a house this month, take possession next year??
I'm attempting to purchase a property with a tenant already in place. The plan is to purchase the property this month. However, the purchase agreement that my agent wrote up has "The possession of the Property shall b...
Account Closed
PA ”Judgment for Possession” waiting peroid. What to do?
I am going through a landlord tenant complaint to get someone evicted from a home I bought. I have already received a ”Judgment for Possession” and am waiting the 15 day to then go back to the court to get the "Orde...
Sam Khatri
Can Previous Owner return back after i take possession?
Hello, I took possession after the auction after couple days by changing locks. I had my new owner sign posted. After couple days previous owner calls and says i havent abandon the property i have my things in there a...
George Serlis
Landlord possession of Section 8 unit for personal use
Hello BP Peers,
I’m part of a volunteer not for profit organization that owns a mixed use two family and store In New York. We rent the two apartments (regular tenant and a Section 8) and use the storefront for our ...
Carini Rochester
Took possession of three unit apartment today. Top Priorities?
I just left my closing and now I own an occupied three unit apartment building. The building is in good repair. I have only met one of the tenants. I plan on self managing. What are some of the most important first st...
Greg Pratt
Hold Agreement until possession - 2 months rent too excessive?
Hello,In the past, when I get a lease signed, I also collect security deposit and first months rent, then take the property off the market. I've never had an issue with a tenant not moving in, but I assumed if that w...
Christine Garnier
Adverse Possession Claim: Transferring Interests With A Quitclaim Deed.
I found an abandoned land lot several years ago and claimed it under the Adverse Possession law. I filed a notice of adverse possession. I also paid 7 years of the unpaid property taxes so the parcel is now up to dat...