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I currently own a rental property with my father. There is no lien on the property and we both have 50% equity in it. The deed is under my LLC and then my fathers name. I am trying to purchase my father's half of t...
Hello,I recently closed on a BFD deal and looking for direction on correctly setting up journal entries, to make it easy at tax time.In a nutshell...We hold a mortgage on the property with a principal of $150k, 4.25%,...
Hello, I won a property at a trustee auction a week ago and have a 15k deposit down. After our title company did a search, they found an old mortgage note from 1975 as the first deed of trust and there is a 28k ba...
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I want to know what are all the paper work I would need to get the deed subject to, where do I get the contracts needed, and who are all involved in the transaction? How would I profit from this type of investing tech...
I made an offer on a double, it turns out that it's on two parcels with two separate tax cards but deeded together. My loan officer seems to believe this means that I need two separate loans, sales agreements etc... M...
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Hi all,My wife is the sole legal owner of a duplex in Ferndale, MI (48220) that we consider "ours" (it was purchased on her own after we got married because it didn't need 2 people to qualify for) and we are consideri...
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Hello ya’ll, new here, just joined, am wanting to get into Tax Lien and Deed Investing (auction and OTC). Does anyone happen to know if there is anyone that can help or at least guide me to a person, place or thing l...
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Quick question in Wisconsin I have a property I want to sell on seller financing I want to transfer title not contact deed What mortgage instrument does investors use in seller financing if I want to transfer title i...
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Straight to the point3bd 1bath SFH listed at 55k estimated value at 95kIf it seems too good to be true, It probably is ... "Prior to seller receipt & approval of the full title package from foreclosure title to pr...
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Do existing mortgages get removed from a property that is sold at a tax deed sale in California? TLDR: All my research seems to indicate that an existing mortgage would be removed. However, I asked Chat GPT this que...