Amy Denzler
Seller Passed Away while Under Contract
Here's the situation. . .I am under contract on a property that was supposed to close next week. Unfortunately, the seller passed away and does not have a will or trust. So it looks like this will be headed to probat...
Brit F.
SDIRA LLC - Thank You, BP
Just wanted to say thank you to the BP community for all the great info about SDIRA LLC. About a year ago, I became POA for my parents and took control over their traditional IRA, and at the same time, they moved to ...
Giani Brussich
1st invesment property. STR beach house
Investment Info:
Single-family residence buy & hold investment in Surf City.
Purchase price: $459,000
Cash invested: $57,000
Contributors:
Sean McDonnell
A single family house, 2n...
Erin Wamsley
Why use quit claim instead of warranty deed to transfer to LLC?
I am looking to transfer title of a few rental properties to an LLC. It seems like investors most commonly use a quit claim deed for this. Why? I would have minimal concern over using a quit claim deed since I know th...
Tanner Smith
Obtaining information on specific properties
Hey Bigger Pockets community!Who:My name is Tanner. Im 25 years old. I live in Portland, OR. I'm completely new to the financial world of Real estate and I'm very eager to get involved. I've set a goal for myself to m...
Chris Stromdahl
Purchase Money Mortgages?
Are purchase money mortgages a form of seller financing?How are purchase money mortgage transactions handled?Is it a standard document used in real estate transactions?Should a real estate agent that works with owner ...
David Morgan
Insurance needs for Subject To Lease Option?
I'm getting ready to close soon but I need some assistance on how the insurance works. I saw Grant Kemp say that the new buyer goes down as "insured" and seller goes down as "additional insured." What happens to the i...
Dion DePaoli
The Pain $ of Not Knowing - Contract For Deeds
I thought it would interesting to share some recent experience we have had with some of these instruments. To that extent, an illustration of the pain that can come with working with an instrument that is not the...
Giovanni Cortorreal
Using Land Trust and Land Contracts for my clients
As a Realtor, here is what I’m planning to do to assist my clients who do not have credit, yet they have a good chunk of the money needed to purchase a home.
1. The seller creates a Trust and deeds the property to th...
Cynthia Scaife
Starting out with my first buy and hold
Hello,I am checking out some good deals that I think would be a good start for buy and hold investment property. However I have talked with family and friends and they don't have investment funds. I would like to sear...