Steve Salvini
Side by side duplex with two separate deeds!!!
Current situation:I recently found a duplex that is side by side that is deeded individually that I would like to buy and live in one side. I currently have an FHA financed duplex that I've been in for about a year an...
Mike T.
Help with promissory note and deed of trust.
I have a small deal I am trying to close on a land flip in Colorado. My seller is paying me $10,000 in cash and 10 payments of $1000.00. I called first american title who has closed 4 properties for me in last 6 wee...
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...
Robert Dodd
Buy Duplex with Contract for Deed affects Depreciation?
CFDs are business big in MN, for sellers. Avoid foreclosure if buyer defaults, makes sense. Lets say I buy a duplex by signing a contract for deed. Without being on title though, can an investor (me) rent that dupl...
Sam Spoerl
Feed back on my direct mailing post cards
Hello Bigger Pockets members,Attached is a copy of my direct mailer that I have been sending out for the past three months. I'm looking for any advice on what I should/could change to improve my response rate. I have ...
Alex Gold
Commercial / Residential long-term replacing contract for deed
Hello,I own a commercial property (including a residence) via a contract for deed. I currently rent it to two of my other companies (which have paid rent faithfully since I got the property in March 2020) but I am loo...
Patrick Mahoney
Buying a Second Deed of Trust at Autcion
Hello,
I recently found a home in California that has two Deeds of Trust on it, the first being a loan against the house and the second being a line of credit. The Trustee for the second (the line of credit) is forec...
Polina Kin
Need Help! Seller gave me a BAD deed!!!
I purchased a single family house in Montgomery, AL...on Ebay. The seller wasn't the original owner, he was reselling this property for someone else. After I transferred him the money for the property, he sent me a Wa...
David VanSteenkiste
Deed in lieu impact on new loan qualification
A friend of mine recently handed a portfolio of rental properties back to the seller on a deed in lieu. The properties were seller financed, non-recourse and not personally guarantied. The buyer was current on the loa...
Wayne Dansro
Tax deed sales on COA foreclosures in FL
I have noticed several condos in Florida going to tax deed auction that have been foreclosed on by their condo association. In most cases, the condos were in some stage of foreclosure by the bank holding the mortgage...