It's a jointly owned multifamily rental in Westchester County, NY. LLC was created (2 yrs ago) for filing taxes but we never changed the name of the Deed/Title to the LLC name, it's still under our 3 individual names....
I used a hard money loan to purchase a home, rehab, and sell a few years back under an LLC. I later decided to keep the home and refinanced out of the LLC into my personal name using conventional financing. A few mo...
Hi, I found a great deal on several small land lots within a county that are around .15 acre each and are about $300-400 each. I talked to the seller today. He said he bought them from the County via Quit Claim Deed. ...
Hello all,
I'm new to the forum and just started in Real Estate Investing. Recently, I've purchased a duplex in the great city of Philadelphia and wishes to rent it out. I'm in a pickle as I want to use a LLC but it ...
Hello BP Friends,I have 2 properties under review. Both have a small 14k and 7k loan in 2nd positions from govt agencies. I would like to know if they will survive through a trustee sale?One has a 2nd position lien (b...
Hello BP community members, I have several questions that I can't find answers 1. Can Tax Liens, Tax Deeds & Redeemable Deeds be bought before auction ?Example: I know property near my home, that I'm interested ...
I've recently purchased a new investment property through a seller financing/lease option hybrid. Here are the details; Purchase price: $60,0003 bedroom, 1 bath2 car detached garageFinancing
$5,000 down payment0% int...
I'm in second lien position and property owner was attempting a short sale which was approved by bank but not all of the liens in time. We have a relief of stay for our item in the bankruptcy and will mostly likely...
Interested in this area of real estate investing. Like my title says is it worth it?
Hi everyone, I have a quick question I hope someone can help. I found a distressed property owner, Regina, who a few years ago entered into an agreement with a guy, we'll call him Mike. Regina agreed to sell the prope...