John Lee
Title prorate tax different than the seller actually own
I purchased the property in October, 2018. Title prorate the tax based on 2017 tax which was only $534.64. I checked the county appraiser, 2018 tax is $1712.76. The seller prorate me only $433.57. So am I own the cou...
Shawn L.
Need help with a possible deal on a property in Park Forest, IL
At the moment I currently own a home in Park Forest, IL that I owe several years of back taxes on. There is no mortgage on the property, but the back taxes are significant. At this point they are likely in the 60k ran...
Nathaniel D
Questions to ask seller
Hi,
I am looking at a 20 unit condo porfolio, and as of right now, my realtor is only able to obtain a pro-forma financial. I kept on asking for the actual financial, but the selling agent is not responding to it an...
Justin Cicco
Thinking about buying my first piece of property
Hello everyone,I am a 19 year old music producer from Pittsburgh, I have been looking into the real estate industry recently and think I have found a deal. A friend is considering selling me his multi-unit property. T...
Jenna Y.
Help with switching ownership structure from Joint Tenancy to Tenancy in Common
Hello - I'd like to change ownership structure for a property (my first deal) from Joint Tenancy to Tenancy in Common. Same owners.Looks like I'll have to do the following. Is this correct? Grant Deed: Fill out, notar...
Nate Y.
Newbie considering an idea from left field - Atlanta area
Ok, new to BP and RE in general, so be gentle!I currently have about 20k equity in my house and would like to get into rental properties. I generally like the idea of 4-plexes, but would have trouble in the near term ...
Kyle Gregg
Conventional loan for an under priced property?
I have a question about conventional loan financing...If there was a house on the market that was selling for $40k and is valued at $90k, how will the bank write up this deal? Will you still have to put a 20% down pay...
Gary Gristick
Mobile Home/Storage Units
I have been in contact with a MHP owner with some storage units on site. I reached out to the owner and introduced myself explaining to them what my goals and aspirations are. I asked first if they were looking to sel...
Adeline Tai
As a buyer should I take Seller Price Reduction or Closing Credit
Hi, First post here. :)
First time home buyer in California, seller is willing to credit back $10K on a million dollar sale price. What's the pros and con on price reduction vs. closing credit? I received a lot of mi...
Mark Lynn
New, Searching for rentals
I live in South Florida and looking for my first rental investment (preferably sf, condo or duplex). I am a newbie and am overwhelmed by the number and sources of listings and am not sure where to begin. Any guidan...