Nick B.
Buying a REO with a quit claim deed - bad idea?
Hello BP,I came across a property (SFH) that is offered for sale with the following clause:Buyer will accept with a quit claim deed-no title insurance, assume any liens, code violations, fines.The property is owned bu...
Matt Tobler
Best way to go about purchasing a cash only property
So through connections, I found a homeowner who's mom recently passed away. The son lives out of state and wants to get rid of her property as fast as possible. He's willing to sell me the house for 55k cash. Its a gr...
Eric Knittel
Private money between friends
Hi everyone,I am interested in borrowing money from friends and family to buy more real estate. I have used hard money in the past and I am trying to see if I can eliminate some of the costs associated with the HM len...
Alfred Edmonds
Mobile home with land but no title/bill of sale
I'm looking at a property in Vermont and need some help and opinion on.It is .23 acres in a rural area with driveway, septic, and well in place. There is a 2 bedroom 2 bath mobile home built in 1989 in the property. T...
Mindy Ann
Negotiating a short sale can we rent the property in the interim?
Negotiating a short sale can we rent the property in the interim? the investor who is facilitating the short sale has rented us the property, but he is not the owner of the property. how can he rent it to us? he als...
Danny Maller
About to close and discovered 3 hefty code violation fines
I was scheduled to close yesterday until my attorney discovered last minute that there were 3 building code violations on the property. It's a brick 2 flat with a finished garden unit in which I plan on occupying, unt...
Burt Mcfadden
Agent won't tell me if lease exists.
Found a house we like, contacted a real estate agent to act as buyer's agent for me. Agreed to a price, signed a contract.Part of the home has renters. Supposedly it's a month-to-month rental agreement, and the rente...
Alecia Prigmore
Process to sell vacant land without title company or lawyer?
Advice please, I am selling a small, now vacant, piece of residential land for 11k in Pennsylvania. I know I can do this on my own without a title company or lawyer, though I will use a lawyer for about $150 to prepar...
Greg K.
HUD Home Title Issue "Deed in Lieu of Foreclosure"
I wanted to share my experience with a recent HUD Home I purchased to BRRRR. It was a condo, purchased for $185k and the ARV was $250k. There were three comp sales in the complex in the past 6 months so that $250k w...
Adam Olsen
How much basement moisture is tolerable/ normal and how to tell if a french drain or other precautions are necessary?
It's necessary that I replace the floor in the basement of my duplex. I'm in the process of breaking out the old concrete and the earth under is wet. I understand that there should be moisture in the dirt but how ...