Jan B.
Can this be made to work..?
Hi there -Sorry if this is a pretty broad question but we're just about to get started in REI and after reading a lot about the topic - and listening to a ton of episodes on the BP podcast - we're currently figuring o...
Blaine Alger
Dead Property Owner? Does brother Have Right to Sell the House?
So the Owner has been dead for 3 years and and did not have a will. The brother (who i spoke with) has been paying the property taxes for the last 3 years.
The deceased owner has a daughter who he didn't have a relat...
Charles Norman
Note purchase questions
I need some help on how to find the right people at the bank and how to present a compelling offer to purchase a NPN. We have done the financial analysis, tracked the foreclosure and bankruptcy processes, spoken with...
Steve Diercks
Transfer home from deceased Mother to LLC
Hello! My mother-in-law passed away 8 years ago and left us (wife and her brother) a house at the beach. She did not leave a will and my brother-in-law was named executor of her estate. He has left the property in h...
Henry Ibinson
Closing Process on Pre-Foreclosure Property
Hello! If an investor and an heir to a property come to an agreement on said property before it goes to sheriff sale (due to unpaid mortgage), how would closing work? Would a closing company still complete a title s...
Vincent Matraxia
Life Collateralized Mortgage Obligation (LCMO)®
Has anyone had any experiance with this type of loan?DESCRIPTION: A NET LIFE LCMO® is a thirty (30) year fixed, low cost (average 4.5% APR) amortized mortgage which is available to all applicants over the legal age of...
Paul Yevzikov
1099 Forgiveness on Lux shorts
Hey experts was hoping to get some clarification:
The debt forgiveness act, which forgives up to $2M forgiven debt subject to taxation when the bank issues a 1099 during a short:
Is it ONLY for the first $2M of the ...
Austin Owens
pay off debt or invest
hi there everyone. I have a question that hopefully everyone on here could give me their opinions and input.
my wife and I made a good buy/investment on our house a few years ago and have a significant amount of equi...
Semilore Lawal
Getting mortgage for single family rental property in Canada
Hi All,
I am looking to purchase a rental property in Canada, I have been on the phone with so many lenders and they keep telling me the same thing about requiring my personal income to qualify for the mortgage. Basi...
Taurice Cooper
probate
Good afternoon BP family! My question has to do with probate. When there are various claims against a decedents estate and the estate controls real estate,does this force the property to have to be sold , puts a lie...