Kim Handelman
Title Search - Are Wholesalers Responsible for Doing One??
Hi All,I recently closed my first deal. I used an attorney to draft up my purchase and sales agreement and then again to hold my deposit in escrow. I just received his bill and he's charging me for a "Title Search". I...
Yvonne Oliea
Is she trying to pull a fast one? A quick deed.
I'm interested in purchasing a property by the owner. Later, I found out she quick deeded it to her daughter. However, she claims she still owns the property. Now she wants to quick deed it to me. The daughter i...
Lucas Bonasio
When to buy a Title Search for a Foreclosure Auction
Hi guys!I am just starting on the game of bidding on foreclosed properties at auctions.After reading many articles and watching several videos, it was made clear to me that, if I wanted to be on the safe (or should I ...
Brendan Murphy
Should I create an LLC to handle my seller finance deals?
I wanted to get the opinion of some of my BP family. I currently have a portfolio of rental properties and I have negotiated the sale of one using owner financing. I currently hold these homes under an LLC. Since I am...
Xavier Xthrax
Seller financing offers
I am thinking about sending out offers to buy property were I offer to make payments for the deed to land. So at the closing I would receive the deed and then start making payments.To make this happen I realize I need...
Kelly Williams
Owner Financing
Can someone give me some insight into seller financed deals as far as loan servicing goes? Do seller financed deals get serviced through a bank or another financial institution? I am curious how payments on an owner...
Philip Aleman
Transfering property to an LLC
A friend of mine was instructed by his mortgage lender to close on a property in his name to get a better rate. After closing he transferred the property to an LLC owned by himself and 2 partners. Now he is having iss...
Troy Michaels
how to get make offer on owner finance deal when seller is afraid of due on sale clause
120000 asking price with 40000 down is what seller wants. the 40000 is the payoff on owner note with his bank . ok, how can i work this so that the seller will do the deal without me paying off his note ? he only wa...
Rhea Jackson
Referrals for CPA/Real Estate Attorney in Nashville, TN
Hello BP nation,
My family and I will be moving around the Nashville area in spring time, and was wanting some good referrals on a CPA and Real Estate Attorney. We would like to start looking around soon so my husband...
Account Closed
Logistics of a Seller Financing 100%
Here is my scenario:
My bank requires a 25% downpayment.
The seller has agreed to finance the downpayment.
The bank requires the downpayment come from my own funds.
I don't have nor want to use my own funds.
How ...