The State of Illinois recently passed a statute into law that allows regulators to examine and publicly report on delinquency rates, as well as take action against lenders whose rates are too high. While the statute s...

Investment Info:

Industrial other investment.

Purchase price: $819,000

Purchased at auction - developing an addition 32,000 SF

What made you interested in investing in this type of deal?
I l...

I get the concept (number of days, etc), but how was the operational aspect?- Were you audited which seems very likely with 1031s?- Is there a huge delay in filing taxes since the 1031 admin has to liaise with your ac...

We bought a property through county auction. There was a HELOC mortgage put on the property years ago and the property has been transferred 3 times  since that HELOC.  Obviously our title search did not find it prior ...

Hi BP, 
I was hoping if someone could help provide insight into a situation we encountered on the recent purchase of a house.  
We closed July 31st and had an inspection June 23rd.  We moved in on August 26th.
The ...

Hi,I have a friend trying to buy a condo for a personal residence. She is going with conventional financing and the bank needs some paperwork from condo association before they can proceed with the loan, but the condo...

A house has came up on a local auctioneers page that I am interested in purchasing. There is an open house so I will be attending to check out the condition of the home. It requires a 10 percent down on sale day which...

Hi all,
My question is if the current owner received a grant deed that was issued title insurance in 2010. Does that mean you would only need to track chain of title back to the last grant deed that was issued title ...

Hello all!
I was recently contacted by an absentee owner that responded to a yellow letter that I had sent. She said that she wants to sell her home but that the house has an egregious amount of liens that the prior o...

Hello BP Community, I little about myself; my wife and I own and operate a Healthcare clinic in St Pete my wife is the medical provider and I have been helping with the operations, sale and marketing side since we hav...