Nate Bartlett
Recording a mortgage on seller finance deal.
I'll keep this short. I'm purchasing a property from a fried in Illinois (Cook County) using seller financing. Purchase Price: $54kDown Payment: $10k at closing, $3k in 6 monthsTerms: Remaining $41k amortized over 30 ...
David Yamamoto
Divorce - refi primary options
So, going through the big D and obviously this has turned things upside down for me... I am staying in the primary residence, wife is moving out and keeping our single SFR out of state investment property. So far th...
Cindy Auch
Help compare rent w/ option to purchase vs private mortgage
I need to compare the profitability as well as tax ramifications for two options I’m grappling with. we currently own a home in which the tenant is in a lease w/ an option to purchase -but the contract is coming to an...
Jon Klaus
Home sale tax exclusion
When selling a primary residence that conforms to the rules of the home sale tax exclusion, does simple subdivision work?
The home is on a small acreage, say 3 acres. Owner completes a simple sub-division into thre...
Ann Madara
Ownership, LLC, Land Trust, Tax and Insurance...all rolled into 1
My husband and I own a home that is our residence. We owe less than 30k on our mortgage, we've owned it for 15 years, it is in both our names and has value. 10 years ago his mother deeded her house to only him, indivi...
Jesse Soriano
Will bank give you two mortgages at the same time?
I don’t have any investment properties yet. I have over 100k saved up in my 401k and I can borrow 50k. I was planning on buying a duplex cash. But I decided that its better idea to just use finance and buy two duplexe...
Craig S.
Factoring in downpayment on 50% Rule, first deal!
Hello,
I am getting all the numbers gathered for my first deal, rough total purchase price to be about $110,000 on a duplex. I will need to make some repairs to the foundation and replace the carpet in the entire hou...
Daniel Horne
Probate Leads
I have gone to the court in downtown Phoenix and have found the probate documents but there is only around 30 cases. I find it hard to believe that in a city that is home to more than 1.5 million people, there's only ...
Andy Gill
Will mortgage lien surviving foreclosure negotiate?
I bought a property at an hoa foreclosure and a mortgage lien survives and is itself in foreclosure. Are they likely to negotiate or will I have to pay the balance? I can't get the mortgage company to talk to me at al...
Adam Zuffinetti
Alabama Tax Sale Redemption
I own approximately 100 SFH Rentals in Alabama through multiple LLCs. Unfortunately, I have had numerous issues with Jefferson County (Birmingham) either a) Misappropriating my Property Tax Checks, or b) Failing to ca...