Detroit is falling and much of the blame is aimed at the banks.

It was just reported that banks started foreclosures and evicted tenant/owners but have not taken posession of the property leaving taxes due from the o...

I'm about to a deal with someone who is in foreclosure. I've agreed to pay the reinstatement amount in exchange for them signing the deed over to me. At that time I will get the house cleaned up and list it on the mar...

I imagine anyone that reads the title will think "no such thing", but what I'm looking for is just a very boiled down summary of the numbers involved in a typical foreclosure process.For simplicity, assume a home is p...

I am trying to get to the bottom of this... Have not found a solution on the forums. I want to avoid double transfer tax in PA for a wholesale deal. I was told by a title company that I can use a novation agreement at...

Is anyone familiar with Jerome Village?  On its resident fees page, it states that the Jerome Village Community Development Authority can charge up to 2% income charge.  It sounds like it's a 2% income tax.  "Income C...

for investors in Massachusetts with two or three properties how do you structure things? do you have an S corp for the taxes or something else? I know LLCs are expensive so wondering what others are doing.

Hi BPI was wondering what the usual buyer closing costs are in SA. I know everything is negotiable. I am not looking for an exact number, only for a ballpark of what is normal in the area. Let's say I buy a property f...

Hi Everyone,

This is my first post. I'm in the process of acquiring a property with my wife in Baltimore County, Maryland. The acquisition is on a personal basis with traditional 30 year financing. After close, I'm l...

Hello,Thank you for taking the time to look at my post.  To start off I would like to know what I should expect when investing in properties for fix and flip.  I know the basic things that come with flipping houses, b...

Does anybody purchase tax liens as investments? Here in Nebraska they pay 14%, the state handles all the paper work so you don't have to deal directly with the property owners.  Foreclosure isn't until after 3 years o...