I just spent an hour talking with an owner 2 months from foreclosure. They have had 2 people try to work their SS magic to no avail. I believe the last one was another investor in the area and the owner shut it down...
Hi everyone im new to tax lien investing and had a question about a lien i purchased this year. I purchased about 2 acres of land in Winston County Al I went and looked at the property and its all completely wooded, b...
Good Morning all,I am completing due diligence review as a prep for Foreclosure Auction and was hoping to get some assistance from the BP team/members. I was able to find information online for the following:1. Licen...
I would like to know how to lend in judicial states like il, Ny. Where it could take many years to forclose in case of default.
I have been suggested to put a trust together between the finance partner an...
Hey BPers,New to the site and really impressed at the friendliness, expertise, and camaraderie happening around here. I'm considering some PM lending to an old friend who's flipping full time ( not sure about it yet,...
Hi BP
Today I attended my first real sheriff sale.
It was in a courthouse on Pittsburgh.
The volume was overwhelming, 3 hrs long!
It was a great experience,
I did limited due diligence enough to figure out what's g...
Hi all, I've come across the following scenario which is a bit of web on a commercial property (auto related) I'm interested in.1) Property is not currently for sale, however, the owner is in default for two years a...
Cook county ILI know couple of investors/rehabbers who need short term financing and have free and clear properties. I will prepare a simple loan agreement (and release) that I can record, once they sell the house, I...
I know a lot of people preach wholesaling pre foreclosures, but I'm worried with default/ lis pendens, that I will get the property under contract, and then the mortgage company will then foreclose during the contract...
If a title is clean after foreclosure, do you need title insurance when purchasing?