I have noticed the banks are still bidding in some cases well below what was owed on the mortgage at the sheriff sale. If you were to go to the homeowner could you purchase the property for that lowered amount? Is the...
I am in Butler County, Ohio. I know that with a foreclosure sale, there is obviously still a lein. However, and after exhaustive phone calls to the county SO, Clerk of Courts & auditors' offices, no one knows or w...
My sister is looking to buy a tiny home in TX as her primary residence and do short term rentals on the weekend. I am also looking to buy a tiny home in the same community as a short term rental. I currently live out ...
When using Conventional or Government Backed Financing, at what point do you safely move the property to a land trust/llc without triggering due on sale clause.Share your experience.
I have two deals under contract currently with 10 days left during the inspection period. One for $55,000 (1800 sqft) and one for $100,000 (1400 sqft and an attached apartment). They both need a new roof and one needs...
My parents are interested in a bank owned property on auction.com. The auction is starting on Monday. They were dealing with a realtor and she created an account for them on the site and placed a proxy bid for a high ...
The Difference Between a Hard Money Mortgage Loan and a Private Mortgage LoanSometimes used interchangeably, these two terms are not synonymous. A Hard Money Loan refers to a TYPE of loan, while a Private Mortgage Lo...
I just closed on a bank-owned home in Virginia. There are people currently living in the house and I would like to have them relocate so I can update the home, and do any necessary repairs. The prior owner of the home...
I have been in the RE business for 6 months now buying mostly out of state turnkey properties. Last week I went into contract for "assignment of bid" through a company that from my research is an arm of Bank Of Ameri...
I'm a real estate broker looking for $20,000 to help a couple buy another home. They have 5 mobile homes all attached to land that are paid off and they have title to them with all rented. Homes with land valued at $1...