The reason is because its a Fannie Mae property I have to have the contract in my name. I spoke with an attorney that told me that the only way to transfer it into my LLC is to default the loan. This doesn't sound l...
I bought my first fourplex in Phoenix AZ through FHA and I'm fixing and updating two units cosmetically before I move in so I can move in before the 60 days period, the other two units are being rented until the ceili...
I first will like to thank all of those who encourage and share their thoughts, experiences and advice to new entrepreneurs in the business of Real Estate. I am very new in this world of opportunities. I’m interested ...
Hi, good day! Have you hear of any horror stories where tenant suing the landlord for everything he have? And win. Have you ever got sue by a tenant before? Why you got sue and how much did you lose? Base on your exp...
Looking at my local paper I found several properties listed under the "tax sale" portion of the classifieds. I have had people to tell me it takes up to a year to get possession. If you have bought a property through...
Hey Folks,Anyone able to help with this scenario?Property is bought by a man with a wife and children.His wife dies.He later remarries and then he dies without a will (while still married to his second wife).There has...
My husband and I are excited about investing in real estate. We have been talking about it but don't know what the best plan of action is. We are in our early 20's and have a friend as a partner. We each have an initi...
Hello, I would like to know what is the entire process for tax deed sales in the state of Florida? I'm not referring to tax liens but tax deed sales. I would like to know from the time I bid on a property from the ...
I found BP not long ago and have used this site extensively as it provides rich info on RE. This would be my first post of question on the site and hope to hear from many experienced investors/landlords.
I obtained a...
Found an on market deal.Ppty was flooded during Harvey and unoccupied .But the big problem is lawsuits .As per sellers agent Hoa is sueing the seller for not paying the fees( shouldnt it be an HOA lien)First time hear...