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Here is the situation. Dad passed away and there is an IRS Lien on his name. He owed a house that is worth 30-50K maybe. Lien is in the upper 20k range. The lien has been on file since 2103 so in 2023 the lien is ...
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I bought a property at an hoa foreclosure and a mortgage lien survives and is itself in foreclosure. Are they likely to negotiate or will I have to pay the balance? I can't get the mortgage company to talk to me at al...
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So let me preface this with, I go waaaaaaay out of my way to provide the best life and apartments I can for my tenants. I would argue that any property owner, regardless how big or small they are, could compete with ...
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I'm hoping someone can help provide some clarity to me regarding the right of redemption law in Alabama.Say a property is foreclosed and sold back to the bank on the courthouse steps. The bank turns around and sells ...
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Hey everyone,I'm new to the BiggerPockets community. I am also new to the idea of real estate investing and more specifically earning income via rentals. My question is about choosing to go down the unleveraged path. ...
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So, Will Barnard suggests using a trust for wholesale transactions in the BP summit audio. He mentioned that he would be the trustee and the end buyer would be the beneficiary. This is the only place I have heard of...
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Hello, everyone! I've been clearing debts, saving, scanning the market, and lurking the BP forums for a while now. And I've found a deal I'm comfortable pursuing. But I need a bit of insight. The home is a 2b1b, in a ...
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I live in California. I am buying property in Ohio. I was thinking I should start an Ohio based LLC for this property. Any thoughts or ideas would be appreciated.
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I'm curious to know how the short sale process work. I'm currently in Spartanburg, SC and have a seller that's trying to get of his property. He owes the bank 108K but he's looking into a short sale. I was in the proc...
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i have a acquaintance that was diagnosed with cancer this week, prognosis is terminal, life expectancy 6 months. He purchased a home 3 years ago, so there is little equity in the property, likely around $20,000.00. T...