How do I take over a house when the owner is willing to sign it over to me b/c he is behind in taxes and wants to avoid a foreclosure? Hose also needs work. Can I just be added to the deed or do I have to go through a...
Hey all,
Got our first duplex closed yesterday. Inherited month to month tenants in both units. One has been there 4 years. The other about a year. Of course the property manager recommends getting them to sign a a...
I’m looking to purchase a multifamily property, single-family home, or condo/townhouse near SMU, where my daughter attends school. My goal is to find a property that suits her needs while also serving as a strong long...
I have been doing some reading on the forum and have seen some close matches to my issue but am hoping for some help understanding our situation.
First off my son purchased a rental property with a mortgage in his n...
I was the successful high bidder at a foreclosure auction late this spring for a single family home in my neighborhood in Pawcatuck, CT. Actually, I was the only bidder and was able bid one dollar over the minimum bid...
Hi everyone,
I am new to BP and new to RE investing. I have a home in Hawaii which I purchased in November 2019 under the impression that it would be my forever home (RE investing wasn’t something I knew about). Purc...
I have learned about this solo 401k in which you can use some of your 401k to invest in real estate as long as you pay it back with interest within 5 years. My question is once you pay back the amount you borrow, do ...
I met with a bank today who presented a securities-based LOC that can be used for real estate purchase.ScenarioCurrently this bank has none of my business. I gave them a financial snapshot and they came back with a de...
I'm still a little fuzzy on the details of how an investor might be paid. I hear lots of talk on here and in the podcasts about getting investors X% return on their money but what does that really mean? Is it the perc...
I'll preface by saying - I will speak with a lawyer and lender for the legal options but wanted to see if people had experienced anything like this firsthand.6 months ago, a partner and I closed on a Single Unit Multi...