Jonah Wilson
IndyMac is infamous for "Liar Loans"
I have received the deed from a home in BeaverFalls PA. The home has a mortgage from 2005 represented as IndyMac. IndyMac has transferred to another bank in 2009 which was purchased by another bank in 2014. IndyMac is...
Christopher McConnell
Acquiring a property by paying someone else’s tax
I’m curious if anyone has experience acquiring properties by paying off someone else’s overdue property taxes. I read about this process and it sounds odd. Is it messy getting the people out? Is it a good idea?
Haiyang A.
What liens/judgments survive Sheriff Sale in Ohio?
I am looking at a bank foreclosure that will be sold by county sheriff at the courthouse step in Ohio. A title search revealed several liens against its owner (breach of contract, credit card judgment) as well as mult...
Victor Mammarella
Seller finance information sheet
Hey, BP friends many sellers and agents don't understand seller finance and have a lot of questions. I made a Q&A to attach to all my offers to help explain the process and make it less confusing. Let me know wh...
Jeff Macdonald
Trustee's sale: What happens to personal property? My first deal.
I just made my first REI deal today! I bought a house at trustee's sale (courthouse steps). The owner passed away early 2016. I'm guessing there is still considerable personal property in the home. What does the law s...
Ahmed Souissi
Property is vacant and owner had bankruptcy many years ago
Hello, this house have been vacant for a long time so I decided to search the owner and give her a call she said that she had bankruptcy and don't know nothing about the property for many years, and said that Wells Fa...
Michael Jamison
A Bank Foreclosed but stopped paying taxes, Will the mortgage lien remain after?
Hello Everyone! There's a tax deal I'm prospecting that happens to be attached to a big bank through foreclosure, the property is in it's final year before the tax deed can be requested. The holder of the current tax ...
Brandon Diaz
How would you do this deal?
ARV=$160,000Contract Price= $49,000Repairs= $20,000-$25,000 repairs Problem: Owners deceased with NO WILLBehind Taxes= $10,000 (Tax Sale June 1st 2017) Owes= $24,000 (Charged Off but are accepting payments to principl...
Josh Crawford
Tenant is walking, how do I report it?
Dear friends,One of my tenants has a family situation and is moving out early, way before the lease is up. While I'm trying to be friendly and understanding, I also would like to explore my options as far as making it...
Kristian Conway
Lending Options: BRRRR ALMOST THERE
So I am about 75% through my first true BRRRR deal and my last bit of funding has fell through. I made the mistake of buying the house using a conventional loan and have funded the rehab through a combination of perso...