Alex Rozin
Investing into a trust Deed for a jointly owned property
Let’s assume you want to invest into a Note secured by a 1st trust deed on a property.The current title is jointly owned by husband and wife, but the borrower on the Note is only husband.Are there any legal dangers if...
Joshua D.
selling a tax deed or best way to sell property
So i recently went to a free and clear tax sale and won a property. Now im waiting for the tax deed to come in. Is it okay to list the property for sale before the deed is in? I have people interested and willing to p...
Daniel Domer
Contract For Deed in Bloomington MN - Where to Market it
Currently rehabbing a single family residence which we will be listing for sale on Contract for Deed basis. Does anyone know of any good sites or referrals on how to market this? Besides Craigslist.... Looking for adv...
John Smith
Will a quit claim deed void an homeowners insurance policy?
My mother owns her house free and clear. The house is in both her and my father’s name which is her ex husband. She has been wanting to remove his name for a while but didn’t want to refinance. I want to bring up the ...
Account Closed
Gift Tax on Quit Claim Deed from LLC to individual
Hello everyone,Anyone have any experience with possible gift tax implications that I could incur with a quit claim deed transferring a multifamily property from an LLC that I own into my personal name?
Michael Orlando
Transferring mortgage and deed - Free up debt to purchase/cosign
Hello,I have a mortgage in my name and have tenants in that condo, where I collect rent. I currently live in a home that does not have my name on the mortgage. I am looking to free up my debt from the mortgage where m...
Danny Price
Single Family Home Tax Deed, with quit claims from heirs.
Investment Info:Single-family residence buy & hold investment in Gadsden.
Purchase price: $1,800 Cash invested: $2,000Purchased Tax Deed from Corporate Investor, then obtained a quit claim from heirs.I p...
Christine Barnes
SFR Auction with 2nd Trust Deed with HUD as Lender?
There’s a SFR being sold at auction. First mortgage with a bank $168k (122k balance), 2nd lien/trust deed with Hud for $33k. Would the 33k need to be paid back in addition to the amount bid at auction?
Mike Rash
DEED IN LIEU - how to negotiate with 2nd and 3rd
This is a follow up to my previous post.
I wanted to buy a NPN note (1st Mortgage) from the bank and then foreclose (hence acquiring the property).
However, there is 2nd and 3rd Mortgage. I did some future research...
Jack McGeehan
HOA - Virginia Eastern Shore, Deed in-lieu of Foreclosure Transfer
At the end of 2009/start of 2010, MLG Communities of Wisconsin quietly transferred $75+MM in properties to the M&I Bank of Wisconsin. Included were 3 developments in Accomack County on Virginia's Eastern Shore. ...