Mario Martinez
Long distance flipping
Hello BP family!I recently completed my first flip in the Philadelphia area and learned many valuable lessons! I am on to my second one but my question for any out of state investors are what advise you can give on ge...
Rich Hupper
Would this be a possible transaction?
Hi BP,Is it possible for the following to take place? Mary's attorney drafts a deed running to Mary's friend Mike and records it. Mike takes title to the property with no guarantee to clear title. However he did hire...
Albert Ng
Paperwork process for FSBO transaction?
I searched, and there are a number of topic about FSBO. However, most only discuss about the marketing aspect of the process. Can anyone has gone through this explain to us the paperwork process? Let' say that we have...
John G.
Quit-claiming deed into an LLC? My mortgage broker says NOPE!
Hi all,Posted this in the conventional lending forum but thought it be appropriate here as well. I'm purchasing my first property (Milwaukee) and asked my mortgage broker (Chemical Bank) about transferring the deed af...
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Foreclosures in North Carolina
I'm going to be visiting my county courthouse this week to watch the preceedings of several foreclosed properties. I had planned to just watch and ask questions but a few of the properties look like that have a good ...
Brian Greenway
GC terminates contract early and leaves unfinished jobs
GC is about to walk out on me. We are in the middle of a remodel. We have a contract. I haven't payed anything upfront so it is not a money issue, more the fact that there are half done jobs left behind and another gc...
David Baye
General question about inheriting tenants
I'm looking at purchasing a property with existing tenants. How do I know they are good tenants paying on time? I'm looking in Alberta Canada. I will do the google thing but I was wondering if I could glean some i...
John Warren
Keep or remove washer/dryer in unit
Hello everyone!When my wife and I closed on our new fourplex we knew there were several issues we had to take care of with the township. One of them is that the plumbing for the in unit washers may not be vented prope...
Randy King
Title Insurance on a cash HUD deal?
For those that do a lot of cash HUD deals, do you buy title insurance on each one? What would be the potential title problems that HUD would not wipe out in the foreclosure? I am thinking about getting a title sear...
Angela MIller
Tenant in common or side contract
So we will be closing on 2 duplexes on 9/18. I financed one duplex on my own and took on a partner for 50% of another (he will be paying cash for the full duplex). My lawyer suggested tenant in common approach for t...