I saw the below listed for a group of rental properties. Can anyone tell me what it means?
"The Mortgage Loan is being made by a Local Bank who is willing to give a release per residence for 120% of the pro-...
Hello - newbie here,I'm a single high income earner so have very limited tax benefits for real estate investing and know that I cannot become an IRS recognized real estate professional while I have my W2 job. I plan t...
I was in a transanction that we couldn't close but buyer terminate contract on Loan Commitment deadline, buyer notify title company and seller but they stop answering calls after a while title told buyer they release ...
Hello all,Recently I purchased a 3 family fixer upper for $77k, which had an after repair appraised value of $130k.Due to the sellers circumstances they required a < 1 month turnaround between contract signing and ...
Hi All:
I'm working with a seller where all 3 liens are showing up under the same serial # and recorded doc (Notice of Federal Tax Lien recorded with the county).
2 of them have passed the 10 year refiling date so t...
OK... I need some advice. I have a property that is listed by a realtor. No more than a week into the contract, I get a potential lease option deal on the same house in which the realtor is not aware of at this poin...
hello everyone. here is my question. first let me explain the situation. i like to look into investing in " zombie" houses, i. e. those houses that are in foreclosure or pre-forclosure that banks have dropped from the...
Hey BP community! I came across a promising opportunity on a duplex a couple days ago and I have an offer pending. I think we would be well on our way to closing on that duplex but the owner has 3 other duplexes in ...
I have a duplex that I have a mortgage on with US Bank. I am wanting to split the duplex into (2) townhomes and sell each side individually.
I have already been approved with the city and planning/zoning to do this....
I am trying to figure out options on this. The buyer failed to close by the closing date and now the buyer will not sign Cancellation instructions created and sent out by the escrow office. I think my next step is to...