Does anyone know whether IRS liens can be wiped when foreclosing on a Residential Note?
Hey all,I am looking at a property that is going to the sheriff sale. I'm having a tough time evaluating the O & E report that was provided by the title company. Can anyone help me out with it? 1. Mortgage dated S...
Hello Everyone,
Before I discovered this forum I was already looking to invest in real estate.
I am from Toronto Canada and looking to potentially invest in another province (New Brunswick).
I am working with a fel...
I am looking at a bank foreclosure that will be sold by county sheriff at the courthouse step in Ohio. A title search revealed several liens against its owner (breach of contract, credit card judgment) as well as mult...
I am looking at a house package, but the seller is not planning to 1031. I would like to offer options to defer tax because he's retiring in about 2 years, but getting out from under his loan is his priority to be mor...
I'm curious the answers to these questions from note investors out there.Did you start in Senior or Junior?Did you start in Performing or Non-Performing?You started with your IRA or your own cash?Educated yourself, ta...
Let's say you own three rental properties, and each property has its own LLC. What happens to the LLCs if you decide to trade the rental homes for an apartment building using a 1031 Exchange? Are the LLCs not under y...
Hi all. I recently stumbled across this tax assessor sale: https://sdttc.mytaxsale.com/. Obviously these prices are too good to be true. I realize that what you are getting if you win an auction is likely an inferior ...
I live in South Carolina. Does anyone know or can tell me how to find out if I am responsible for any liens on foreclosure auction property? Looks like owner has a few second mortgages, too, although the bank is jus...
Can one property have 2 mortgages by 2 different lenders? If so, who is on the title as owner, or does each lender have a portion of ownership, such as the outstanding loan balance owed to them?
OR
Is there one mort...