Hi I found a home that is in per foreclosure process how do I go about writing a letter to the owner offering a Subject to Existing Finance can someone post a sample letter/template, and a letter to contact the owner ...
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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...
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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...
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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...
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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...
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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...
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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...
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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 ...
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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...
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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 ...