Timothy Nelson
Paying Off Loans on Inherited Property
I inherited a home oat the end of August 2011. The property carries a home equity loan in the name of deceased relative. I have been paying the bill every month since. I never contacted the lender to know about ...
Prabin A.
Owner occupied Chicago multifamily, tenant not paying
I have a multi-family owner-occupied building (3 unit). The tenant is refusing to pay the July rent, and his move out date is the end of this July. His lease has already expired, and he is on a month to month basis. H...
Don Spafford
Obtaining Possession after winning auction?
I am still new to REI and am looking at some auctions that really look to be great deals if I can get them at the right price. The problem is that the information says the house is currently occupied and the winner wi...
Mahonri Bussey
take out a loan for the down payment?
I've been investing hard in my education on real estate investment and have found that I have come to the point that I just dont have the money to get started. I cant do a house hack atm. My idea is to find a good dea...
Drew T.
Cost bais on 1031 exchange
Hello,
-I cash-out refi'd a SFR approx 3 months ago. Had a unsolicited buyer approach and make an offer to buy my SFR last month. I accepted the offer, Purhcase Agreement has been signed. Can I still do a 1031 exchan...
John Edwards
Need advice on how to buy from my friend using seller financing
I would like to purchase a property from my friend who has a mortgage on the property and would like to sell me the home for no money down. We would like to set a kind of promissory note situation wherein I take posse...
Alessandra C.
Tenant abandoned the property
In the last month I had 2 tenants that moved out with prior notice (which is required, 30 days in advance of the 1st of the month). One sent keys by mail and one called saying he was vacating the home and left keys i...
Brion Russell
Adverse Possession
A Gentlemen is attempting to acquire property in Alabama through adverse possession. In the meantime, he is renting the property. Has anyone had any experience with this type of situation? He has been in possession...
Jack Tesell
Bankruptcy/Quit Claim Deed/Mortgage Question Real Scenario
Need help or insight to what happens after these steps have been takingBank files complaint on house 3/2007Owner moves outOwner files bankruptcy 7_2009Motion of Stay filed by bank 8_2009Relief of Stay Granted 9_2009 t...
Craigx Dies
Steps to take when tenant vacates property early term?
Hello All,My tenant notified me that they needed to early term their lease agreement. They have paid through the end of the month however have moved all of their belongings out of the house. According to the lease t...