I'm asking this question because I currently hold a note with a partner for an owner financed land sale. This was a sale that we did a couple of months back to someone we knew. Loan (~125k @ 6% with a balloon paymen...
Some of the reading I have done talks about following up with the Code Enforcement officials in my area to find houses that are under the Code Enforcement process. Does anyone use this technique to find distressed pr...
I get that you're assuming someone's mortgage. So you just start making their payments and that's the only cost?Then you act as the bank and owner finance the property to someone else, while collecting a down payment?...
So, this happens to be for my personal home, but it's a good question for this group.
We got a home under contract. The property was very messy. Contract required the sellers to remove their belongings. Also, ther...
I'm a US citizen living in CA. However, my parents are not citizens and living in Europe.
They consider buying a real estate investment in cash (about ~60K). I want to know the tax implication for writing the house u...
Hey folks, I wanted to get your thoughts on a financing option I've been considering, since it might come in handy for a duplex my partner and I are interested in. My wife and I live on a boarding school campus (no l...
Hi BP. My friend owns a house that needs a lot of work. Tenants moved out yesterday and they were messy. I want to pay for the rehab and then I want to flip it and we will split the profit. Should I have her add me to...
Looking to get advice from more seasoned investors and legal professionals. Looking at a couple lots in South Carolina with tax deeds (purchased a decade ago at tax sale). Seller would be offering quitclaim deed and I...
Hi BP,
I have a tenant who’s three months behind. This is my first time as a landlord experiencing this. Does anyone have any information on how to start the process in of eviction in GA, timeline or help. Thanks.
Hi All,I am interested in a property, the current owner is deceased. He bought a lot of places through tax sales and didn't clean up titles on some of them. What is the most you've ever seen to clean up a messy title...