Account Closed
Tax sale- How do they work?
Hi everyone,I got a lead on a property owned free and clear. It's a 2 unit building with tenants that are currently not paying rent in a B neighborhood. When I spoke to the owner, she said someone bought the pin or th...
Lesley Resnick
Looking for creative deal idea
Does anyone have any creative suggestions for this deal?I have found a homeowner who is underwater, the house is worth 100k and he owes 120k. This property would not cashflow. I have thought about a wrap around mort...
Joseph Tarallo
Existing lease on a new purchase question?
Hi I am planning on purchasing a multi family home that has 2 units occupied. I understand that you have to honor a existing lease as a new buyer on a regular sale. Is there an exception if it is a bankruptcy ? ...
Chris Tom
Closing cost help/ programs
Hello I am in the process of buying a home on LI NY. It's a SS so it might be different then the regular sale. The sellers bank just went in to apprase the house a BPO it's called I believe. I'm alil worried about my ...
Vonetta Booker
Lease Option Newbie...Getting Started?
I currently have a flip on the market that's not selling--so as a Plan B option, I'm looking at making it available as a lease option / rent to own.I've explored LOs before, but since this is my first time actually im...
Gene K.
Property Taxes Advice
I recently purchased a 1700 sq ft townhome in Riviera Beach, FL. It's a rental property and currently, it is occupied by a renter. The property taxes for this unit are pretty high, around $4300 per year.Not so long ag...
James W.
Basic Question about Short Sales.
Hi guys,Why would an investor hope to get a deal on a short sale?I understand that the debt may be more than the market price. So the bank would approve a sale at market price. But what good is it for an investor to b...
Jonathan Denney
STR regulations/restrictions in Nashville
So, I’ve heard/seen that Nashville can have some restrictions on STR, especially if they are not owner occupied. I was wondering if anyone local to the area could inform me as to what areas do and don’t allow non-Owne...
Lesley Pinckney
How to sell without paying exorbitant taxes?
I’m an investor by default (bought an apartment in Brooklyn, NY and then moved to Chicago and have been renting it for 7 years). Based on neighborhood conditions it’s time to sell and we stand to make a significant p...
Jessica Rodriguez
what are the pros and cons of targeting real estate owned by a tr
what are the pros and cons of targeting real estate owned by a trust?