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I've identified a couple of rundown single-family properties in a fair-to-middling neighborhood that have several years of tax delinquencies. I don't know why the city (Racine WI) hasn't foreclosed on them yet. One of...
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Hello Everyone,
I am not sure this is the right section to be posting this so it its not feel free to move it.
I found this property that i would like to purchase and the owners have not paid the mortgage in over ...
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Hoping someone can shed some light for me. I've been paying escrow+mortgage on rentals since 2015 and never had this happen to me.Details:Mortgage company does an escrow analysis and finds the following:2023 Taxes $1...
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Hi BP! I just received a seller lead from my mail campaign. Basically the seller lives out of state and just wants to get rid of the property, but he owes a lot in back taxes. The seller is willing to let the property...
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So I purchased my first home in December 2017. It is a 3/2/2 in Tampa Florida. I purchased the home at $243,000 with a 3.5% down payment on an FHA loan. After having the opportunity to move into my parents house as th...
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We are looking at building a model where we refinance to pull cash out and return capital to LPs. Typically cash out from a refinance is not taxable but does it become taxable if excess is given to LPs beyond their in...
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Hello, I'm asking for my in law. His selling a property in NC to buy another in IL and we'll like to know if the new property price should be based on the value of the house that's about $319k or on what he would keep...
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I work with a guy who walked away from his home about three years ago and his bank foreclosed on him. The bank (Wachovia) is constantly sending him letters wanting him to resume his mortgage with them but he is firml...
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I have the opportunity to acquire a 2nd note which is non performing with the intent of foreclosing and hopefully acquiring the first mortgage to do so. I am very green when it comes to note investing and am wonderin...
I think I understand the benefits to the buyer/investor when it comes to using seller financing on a deal. But, could you guys list the benefits on the seller's side to providing seller financing?I also would like to ...