Hello BP Nation:On MF transactions, Sellers often will carryback a subordinated note (junior to the bank note) in order to lessen the upfront capital requirements of the Buyer.  Can someone tell me more about the natu...

Good day to all!I am considering a househack in the North Broadway neighborhood of Newark, NJ.Comps range from $295k - $325k (from dual agent that I showed me the property).The property is a legal 3 family with a bonu...

We have 2 properties deeded / mortgaged in my children name
They want us to transfer property to our name so they can move on in their lives
Plan to quick claim deed to add our name to the deeds
Then in 6 months qu...

I own a 8 units apartment building free and clear in Ohio. Its worth 250k. I need cash to buy more so I was wondering if I could pull out an heloc and refinance it at the same time. So, my idea is the heloc is just an...

I encountered a seller that inherited a house from his deceased father. He went thru a small estate court in Arkansas, got affidavit and has the right to sell the property but hasn't done so. But recently he discovere...

In real estate there are plenty transfers with a promise to repay later.
However, to take an interest deduction under the IRC, it would be wise to remember that all deductions are created by the will of Congress. The...

The official proving of a will. Is the definition I got on google. Can someone help explain in your own words?

In the process of evicting tenant, will likely owe $20k + at time of eviction. Interested in how others have collected, whether to use a lawyer or a debt collection firm. Property/tenant is in MD.

... do you need to give their heirs the security deposit or how does that work?

I set up an LLC, intent being that i would buy a property and rent it out. so the LLC has Agent listed as Legal Zoom, and myself as manager, with my own home addressmy plans have since changed and i will need to move,...