Kim Cruz
Tax Deeds- PA
Hi, I have been researching investing in tax deeds. I am located in PA.I understand that in PA there is first an upset sale where mortgages, liens, etc will not be wiped out. Then, the properties that don’t sell go to...
William R.
Anyone have a firm grip on the math of how Banks determine what to accept for a Short Sale?
I know this is equivalent of asking someone to throw darts in complete darkness, but as I'm researching I'm finding that Banks/Investors have at least some initial approach when contemplating where to set their val...
Andy Mirza
Is Automatic Stay in effect for this new case?
I'll preface this by saying that I know that I need to get legal advice and will do so before taking any action. This situation is on a short time fuse and I need any useful information I can get.We purchased an NPN w...
David Martin
Who builds equity in a subject to deal?
Hello! I've been researching subject to deals and was curious about who is building equity in these situations. I understand that the buyer takes the property title but is making payments to the seller's mortgage comp...
Payman A.
Tenant debt and about to sell property
Hi everyone, so selling a quad in Louisiana and set to close on Jan 4th, however, I have 3 tenants that have been behind and despite months of asking my manager to process evictions if they did not catch up, I now hav...
Mark J.
For Sale By Owner (FSBO) - Step-by-Step Guidance Needed
Hi-- Well, after a seven-month slog through my first duplex renovation, I'll be putting it up for sale (in the Tampa, FL area). It's turned out beautiful. Fortunately, the market is strong here for duplexes and so, gi...
Amol Kulkarni
Egregious property management clauses?
How common is it to find clauses in property management agreements like the following:1. The PM can terminate the agreement with a 30 day written notice, but there's no option for the owner to terminate the agreement ...
Anastasia S.
Urgent: Buying Tax Deed properties, Attorney/Title Co Needed, Fl
Hi BP friends,
I desperately need your help. After learning about tax sales and doing due diligence I found two properties I want to buy at an online auction a week from now.
1. On the 1st property (vacant land, ra...
Kenny Wyland
Seller Financing CA FTB Form 593 for the Buyer?
I'm purchasing a new rental property and the Seller has agreed to do an installment sale (seller financing). The escrow company just gave me a copy of Form 593 which appears to say that, as the BUYER, I must withhold ...
B Cory
The Investor Proof Short Sale Approval
As most of you may know, Wachovia (A part of the Wells Fargo Company) has come out with a new Short Sale Approval letter stopping investors from buying the property, and marketing for a end buyer or putting a end buye...