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Anyone out here thought about doing a lease purchase? It has recently come to my attention that the 8k tax credit works on lease purchase deals as well as straight up purchases.
We were quite surprised so I thought I ...
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Hi BPers (and, I hope, helpful lawyers),I have read online that one can secure traditional financing while getting asset protection by getting a traditional residential mortgage in one's own name, putting the title in...
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I'm trying to close my first subject-to deal and my title company is unfamiliar with the process. Being that it's my first one I'm not exactly sure how to explain it to them either. My understanding is that the proper...
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Title Says it all: Should I get title insurance?Does what type of deal you are doing effect if you should get title insurance? For example I think it would be a good idea to get title insurance if you are buying a for...
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Hello BPers!I have a motivated seller interested in selling their(?) land in SC. Potential seller has been paying taxes on land that belonged to a long deceased relative. The issue is that the motivated seller is a ...
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I recently purchased a property acquired via foreclosure auction and wanted to use a Hard Money lender. I found that many lenders create a which comes first chicken or egg challenge. In the State of Connecticut, the c...
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My family is wanting to add my name to a piece of land we own, however one of the grantors on deed is deceased, what now? The land was originally owned by my grandpa and grandma; in 2005 they added my mom to the deed...
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A fellow land investor told me on small tax deed deals instead of paying $2k+ for a quiet title suit, I could just sell on a land contract with a stipulation for no payoff for 2 years minimum. 2 years pass and title i...
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Hi everyoneI recently added a rental property to a land trust under the advice of my attorney. Well imagine my surprise (and irritation) when the insurance company said it was not within their underwriting guidelines ...
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I bought a property through owner financing. The land contract was recorded 01/30/2023. I paid the property tax bill that was sent to me after that date.Then I noticed the tax bill was for the first half of 2022, but ...