Rachael Mabrey
contract for deed
I have a real estate question. I purchased a home in Illinois contract for deed in 2008. The contract was initially for 2 years with a balloon payment due in 24 months. At the time the ballon payment came due my husba...
Jon C.
Tax delinquent deal
I have a deal I'm working on:
The house is owned free and clear in DFW. However, there are $40,000 in back taxes. The house was originally bought for $17,500 in 1966. The house will need plenty of rehab. We've pr...
Leen Sha
Can single member LLC protect your primary residence?
A friend of mine have real estate in WA state which is our primary residence ..she owns this property free and clear ..no mortgage She does not have any other property. She is single.I heard that one can create single...
Mel Volland
House Hacking our way to Financial Freedom
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Portsmouth.
Purchase price: $130,000
Cash invested: $35,000
Purchased sight unseen. We house hack this duplex and plan t...
Adam Rivera
Foreclosure Title search ( liens & Mortgages )
I am new to the Real Estate foreclosure world. I have taught myself a bit on how to do TItle search on my own but I am no professional and I am still confused on the Order and Hierarchy of mortgages. If I were to buy ...
John Park
1st Time Home Buyer - Condo Buying Advice
Hello All, 1st time home buyer here - looking mainly in Fairfax/Arlington counties, with loudon being a last resort. With following the 28/36 rule, my income allows me to either purchase a property up to 430K with no...
BJ Henderson
What's My Best Option Here?
I have a motivated seller that is looking to get their name free and clear due to moving out of state in a couple of months. They no longer want the headache of having a property in their name. It's valued at about 57...
Cian Van Hees
Looking for ways to prepare for future
I’m a 16 year old based in the ATL area of georgia and have noticed a trend among most people my age who aren’t as worried about their future as me. I’ve been researching and am very interested and being a real estate...
Shari Posey
How much liability coverage do you have/suggest?
Right now I have no liability insurance on any properties. All are owned free and clear so I don't have to have insurance but I'm worried that a tenant will slip and fall in the tub and sue me. I have fire on a single...
Sam Leon
Unique issue with a REO home preventing investigation
I have a REO home that I am interested in however there is a very unique situation.
On the outside of one corner the siding has rotted out completely and the home has been vacant for over 2 years. Roof leaks, termit...