When a property is acquired by tax sale, does that remove all leins?Seller has  deed to the property and wants to sell as is/ where is. Iowa is abstract state and seller wants me to handle that cost.   I have heard ar...

I just closed on a two family property and discovered the night after closing that there was a current lease in place. I found this out after entering the tenant’s apartment (which I thought was unoccupied) and activa...

Needing some expertise! Just bought our first place with inherited tenants. We got a very small estoppel agreement with the confirmed rent amount and that there was no deposit on a one pager. We have no information /b...

Does anyone have any data on what % of properties have issues with title during a 5-7 year hold? Or any data that they can bring to the conversation that supports the decision on obtaining owner's title insurance? (Li...

This was a great question. Somebody asked me yesterday. They asked, “why do you care about junior lies when you are in first position?“There are several reasons why this is important:1. It typically takes away your ex...

I was wondering if anyone new the percentage range that banks want to receive from a foreclosure sale?  For an example some banks want to make at least 84% of the list price.  So on a home costing $199,900 that would ...

How difficult is it in the legal aspect, get a loan and maintenance of the property.

If I were to obtain an 80k HELOC but not use any of the funds, how would that affect my DTI levels?  I'm considering purchasing a house with a 60 day IRA loan, then putting the funds back in my IRA after closing so th...

Hi guys, where do we get a standard Flood Zone disclosure for a lease? Also are we required to provide this to the tenant or is it applicable just when the house is hold? 

Hi BP community. I recently came across a property that is delinquent on taxes. I am informed that the owner has received notice that the property is now in the process of being taken as a result of this delinquency. ...