I found a property is about to be foreclosed on by the bank (1st mortgage). Looking up the history and found that the property was sold approximately 1.5 years ago in the sheriff's sale due to HOA payment default and ...
Every morning when you wake up in the RE jungle you have to look out your tent to the right and then to the left to see if the coast is clear of lurking tenant or rehab issues. Then you race out the door as fast as yo...
What liens survive a first mortgage foreclosure? Let’s say you buy the banks lien at the foreclosure auction and you win the bid and own the property. What liens get whipped out and what liens survive?
My mom is willing me her house when she passes away. Any suggestions on how to structure the will with specific provisions to allow my stepfather to remain after her death? My heart would like to let him stay for free...
Hello BP, I am a new investor in NC. I have been following a run down property I knew was headed to foreclosure for a few months. I had an attorney do a title search and he determined that it was a $25k line of credi...
Hi!My partner (@Nick Westberry) is an Independent Contractor and we are looking to start investing in our little town of Hamilton, Montana. The possibilities are endless here! Nick is currently working as a sub-con...
A friend and I are working together to invest in real estate. We both work in the construction industry. I used to remodel houses, eventually got a civil engineering degree and an MBA, and now work as an area sales ma...
Scenario: Remarriage later in life. Surviving spouse now owns house outright. Future 50/50 split desired to both sides of family upon surviving spouse's death. Current will states 50/50 split upon surviving spouse'...
It is well known that the economy, stock market, and real estate markets go through waves with ups and downs. For anyone that was investing during the last crash, what helped you to get through it? What is everyone ...
Investment Info:
Single-family residence fix & flip investment in Fayetteville.
Purchase price: $105,000
Cash invested: $35,000
Sale price: $187,400
Used our private money lender as equity pa...