Looking for some clever ideas. I am trying to do a Second Trust Deed private loan in California. The borrower has credit union loans in first position. The covenants with credit unions are saying borrower can not add ...
I am negotiating with the lawyers of 3 properties all owned by the same Lien holder. I am going to purchase the properties from them directly. BUT the properties are on the Upset Tax Sale. I am assuming someone will p...
I'm in the process of buying a short sale . The seller accepted my offer now I'm waiting on the lender to accept my offer. The lenders lawyer send an addendum stating they want to do the title search is the this norm...
Hey everyone,
My name is Tyler, a junior at the University of South Carolina. I'm from Wilmington, Delaware and am looking to start investing in real estate while still in college.
I'm here to absorb as much informa...
Hello BP community! I am super excited to have found and joined this site full of REI's. I am currently a junior in College and recently got a pretty sweet full time job that will be paying for my college and paying m...
So what if the lien holder decides that they don't want the property and never apply for the deed? Does the original property owner retain ownership? Can they sell the property?
BP
I found an opportunity with a family that is in probate and the house is in foreclosure. There is good equity in the house. Does anybody have experience with this?
I am reading the process of selling during prob...
What happens when you own a first position note that has an unpaid balance of 9K and there is a 2nd position for 40k and 3rd for 80K? Is the 1st position considered the senior lien if you file foreclosure? The home is...
I have a general question about either hard money or private money for a rehab. I have a current duplex that is ready to rehab. I’ve got cash but would rather hold on to it for other emergency’s. Is there an option to...
Purchasing properties at foreclosure sales can be an opportunity for investors. Some of these properties are offered at a fraction of the market value which is one of the reasons investors are incentivized to buy. Bef...