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We just sold a retail/service center we owned utilizing a wrap around mortgage. We bought the place 4 years ago for about $1.3 million with a $650000 new first, 15 year at 4% fixed (btw, no personal guarantee on the ...
When a listing states that a property is subject to short sale does that mean that it will defintely be a short sale property or currently in the process of becoming a short sale property? I guess im just a little con...
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I have heard of people who go after tax surpluses. These are surplus dollars , that are above the taxes owed when A property is sold at tax sale. Indiana has a company that specializes in selling a product teaching th...
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I apologize in advance for the number of questions. I have tried to phrase them in such a way that it provides my conclusion and I am mostly looking for confirmation.If a CPA wants to do a quick review my return and d...
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Has anyone used a foreclosure auction service?
One was recommended to me by my title company. Here are the services they provide:
Daily list of foreclosure auctions
Drive reports and pictures
Title research - My ...
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Hi BP community,Newbie here - still have yet to buy my first REI deal - but I am currently in the process of selling our current home (3br 1.5 ba townhouse in Provo) via Homie.com. It seems like a pretty slick way to ...
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Hi everyone, just wanted share another short sale story (maybe I should say saga, lol). This is for my personal residency and not an investment property.
First I am sure many of you are aware that OneWest Bank has t...
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I purchased an investment property 3 years ago. At the time of purchase it appraised for 96k. Over the last three years I have been losing about 10k a year on the property. I recently had it reappraised and the app...
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Does replacement property have to be "held" long term or can you improve the property and do another exchange "equal or better" ? Isn't the intent of the law to continue your investment and therefore you are merely ...
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Hi All expert,Please helpI just purchased a property from Sacramento County tax sale. When i got out the room, a guy (title service company), give me business card, and ask me to buy title service included title insur...