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...
Need help with the most effective and financially savvy method to request a municipal lien search and permit search.Question:When buying a single family home in cash, are there any hidden liens or legal issues i need...
So, I always get those "checks" in the mail from the Credit Card company for 0% financing for 12 months. I'm trying to find a way to use them to help lower my amount in a property akin to using OPM.Basically, I will c...
Hello all,
Late last week I heard from the sellers that my offer was accepted on my first property. I found a triplex in the Dallas Fort Worth area with an initial asking price of just under 100 thousand dol...
Hello,I’m closing on my first deal and have decided to hold off on putting the property under a LLC. Since I wouldn’t have an EIN to create a business checking account, am I allowed to simply open a new personal check...
I was looking for some answers to the generalized subject of renting to own a property to a buyer. My two biggest questions are, is it legal to do this on a home that has a mortgage or line of credit attached to it? A...
I own a coffee shop in the downtown area of a city near by to where I live. The landlord just recently approached me about potentially buying the building for $92K. I know that he purchased it for $42K about 3 years...
Bought a property at foreclosure auction a month ago. Supposedly occupied by the former owner. Seems likely he's not living there and has just staged the place as such, and comes by once every other week to check on...
Hello everyone, been reading BP and the forums for some time; this is my first post and would really appreciate your opinions & tips. I guess this is more for those who look for some brain exercise as it is a bit ...
Hello everyone, I was wondering if HML "Require" that the 15-20% be "your" funds or if it can be from your partner, if in a partnership, or if it can be from family or a PML. Just asking if the funds strictly have to ...