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Limited Power of Attorney, When to Use One?
I'm gathering information on limited power of attorney forms and when exactly they are used during seller financing or lease option purchase agreements (if at all). I have read and heard that they are sometimes used i...
Michael Moikeha
Purchasing Subject to
I have a property that I will be purchasing sub to. The owners are great people and they understand the risk pertaining to the due on sale clause and know that if we miss payments it will hurt them.I went to Escrow to...
George Leeman
power of attorney for applying for loans while outside the US
I usually live outside the USA all though I am born in the US, I was wondering if I could sign a limited power of attorney for my mother to be able to apply for home equity loans or mortgages on my behalf?
Maximiliano Rodriguez
Power of attorney for young man, foreclosure
Looking for an advice
Case: A 20 years old young man lives with his two young sisters. The house is schedule for foreclosure in February. The house is "owner finance". His Dad is on jail and his mom deported. He is ...
Clayton Clark
Question on structuring an Owner Carry deal
I have an opportunity to purchase a home to flip and the owner is willing to carry his loan on the property while we get the work done. We would avoid a lot of expense with Title and Financing fees this way but I am ...
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Who can manage a property
My soon-to-be father-in-law owns a rental building. He is in his early 80's now and has been in the rental business for 30+ years. ( Self-managed ) We do help him often with repairs. He recently has gotten sick. Very ...
Val Falcon
Probate Deal
Have a SFR in CA ARV 250 agreed to price 130k, problem is its a probate deal. The sole Daughter wants it done asap and its in LA courts. How do you avoid Attorney's taking 20% of net proceeds plus lawyer fees? one att...
Craig Herman
Possible to cash close from a different country?
Im planning on going to Europe for a few months, and will need to cash close (buy,not sell) a deal or two while abroad. Is it possible to purchase (all cash on land properties) from a different country? Im a US ci...
Lee A.
Dealing with subject to
Hello BP,When dealing with subject to deals. How do you get around the bank having issues with you taking over the payments? I have heard that banks will call the loan with subject to deals. I have heard of doing lim...
Ismael Ayala Jr.
Lease to purchase option structure
We're looking to convert our current home into a rental with the option to purchase.
Would anyone happen to have any thoughts, tips, recommendations on structuring a lease option? I've heard of a seller acknowledgeme...