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Results (7639)
Matt Turcutto Short Sales, Unrecorded Deeds, and a legal nightmare
3 May 2017 | 1 reply

My direct mail campaign recently uncovered a lead. For the record, I'm in California. Here's what I found by talking to the lady that called me and what I found on title:Man buys house with Wife 1. Man has daughter, D...

JD Martin Is this a legal use of the 1031?
4 July 2022 | 3 replies

@Dave Foster because I know he'll have some insight, but I'm curious to see what others think as well.
On another forum (not BP), someone posted that they were able to do a 1031 in reverse by:
1. Purchasing a proper...

Jack Smith Expanding a legal non-conforming unit in Chicago
15 July 2017 | 9 replies

I run into this problem often in Chicago. A three flat building also has a full unfinished basement or a bit of attic space as well. I would like to duplex down the first floor unit into the basement, or duplex th...

Soniel Estime Turning your basement into a legal 3 unit?
4 February 2019 | 8 replies

I just closed on a duplex with a 203k loan in the Chicago land area. I am in the rehab process now. My plan was to live in 1 unit and rent the other. My architect informed me that my building seems to have the proper ...

Eric Benzenhoefer Help breaking down a Legal Description - Land Investing
25 September 2014 | 9 replies

Howdy,

I have a motivated seller with a piece of land and neither him nor the county knows where it is. I have the legal description, and so I was hoping for help understanding how to read a legal descriptio...

Edwin Baker Converting a single+inlaw to a legal 2
7 June 2022 | 1 reply

Hey first time posting and first time home buyer. I am curious if anyone here has any experience or knowledge on what it legally takes to convert a single family with a current inlaw to a legal 2 family
Would be happ...

Kirk Calhoon Best way to Partner from a legal standpoint
3 April 2017 | 4 replies

BP Nation,I have asked this question before but with limited response.  I am thinking of partnering on my next deal.  I have only done my own MF rentals in Kansas City area.  I want to go a bit bigger and have some in...

Viko Henna Adding A Garage to a Legal Non-conforming property
4 March 2020 | 0 replies

We want to add a garage to a 4plex but the city has re-zoned the lot to SFR use and says our property is legal non conforming so we are not able to expand.i think a garage is an accessory that is consistent with acces...

Greg Ghunt Buying a legally void foreclosure from Fannie Mae Homepath
9 May 2020 | 4 replies

I recently found a very good foreclosure on Homepath.com, submitted an offer which was accepted, did home inspection, and then found out that no title insurance company is willing to insure this property because all f...

Caroling Lee 1031 Exchange on Land owned in a legal Partnership
6 February 2017 | 3 replies

Thirty years ago, my mom and dad purchased a 30 acre piece of land in Huffman, TX with my 2 cousins. They paid $40K for it total. My parents put down the $20K and my cousins paid off the rest in payments.The title/dee...