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I have a unique situation. My mother passed away in may and my sister and I will be beneficiary of her house. But we have to put it in probate before we can put the house in our name. She didn't have anything else oth...
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Good morning,I have two parents (divorced) that have a large amount of debt. Does anyone happen to know what will happen when they die? I don't want to inherit debt from them, especially my mom that is in 150k+ of hor...
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Hey ya'll. I there anyone that has wholesaled a home that had Notice of Lis Pendens and a couple going through bankruptcy, if so how was the process? Or is it even worth it to contact them?
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Hello BPers,I'm an LLC hoping to jump into bed with a sexy HELOC loan and strip down all my equity in an investment property.My question for ya' all: Is the entire amount of HELOC credit protected from creditors? Or o...
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We are looking at possibly using capital stacking to fund holding costs and a light rehab for a sub to property we own. We were referred to a company who does capital stacking. Their fee is 9.9% of the total amount we...
A few days ago, I received a call from a person who is both the sole heir and administrator of an estate. His mom's ex-attorney is also helping him navigate his way. He wants to sell three properties that belonged to ...
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I recently got a mortgage on my 2nd investment property (within the last 15 days). I asked the loan officer to send a copy of my credit report just for curiosity. The bank rep said that they are not allowed to give...
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Hi BP Community Member(s),Six months ago I set out on a cosmic journey away from the manufacturing world with a good friend to go into the business of REI. Generally in the fields of wholesaling/flipping/buy&hold ...
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I was a PMP on a deal and i gave my partner 3 months' worth of the mortgage in advance to stabilize the property. We bought the property via SUB2 and he has never made a single payment to the mortgage company. I came ...
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I'm looking at an incredibly cheap 2-family ($16,000) that actually has month to month tenants (~$1k gross/mo). The numbers could be very appealing no matter what "rules" you apply.
There has to be a reason it's a s...