Sharukh Ahsan
HELP: REO with Title Issue
Hi everyone,
Recently went under contract with a Wells Fargo REO. Upon title search my attorney has discovered the following:
Previous owners of the house transferred the ownership to their living trust.The bank for...
Marcell Z.
Creating a Mortgage Note
Hello BP community and thanks in advance for any advice provided.I'm helping a client purchase a home and they will be receiving 100% of the purchase funds from a family member. We need to create a mortgage note to p...
Brittany Smith
My Crooked Landlord lied on my application, I am being made pay
My landlord was new the year I moved in, after a little over a year he was fired for multiple reasons including sexual favors for rent,and has a case against him. A few months after being fired I was told by a fill in...
Joe Patera
To pool or not to pool. That is the question
Does anyone have any thoughts or experience on buying rental properties with a backyard pool.
Danette Tranter
Newly Married, Capital Gains Tax Exemption Question
Hi everyone,My husband and I got married last November, he used a capital gains exemption when filing taxes this year after selling his townhome in November. We are about to sell my home in Raleigh, but I've read you ...
Howard Maidens
Self directed IRA
I just learned about self directed IRAs and am extremely interested in this as an option. I was told that if I buy a house to rehab, that I am not allowed to do any of the work myself. That if has to be done by a lice...
Account Closed
Conflicting information
I have been looking at buying a home to flip in Hamden County, CT. The bank told me that there is a private well and septic system, and that there may or may not be issues with them that could cost an upwards of $30k ...
Natalie Kolodij
BRRR timeline question
Hey guys, I want to make sure I fully understand BRRR and that it's possible to utilize in the situation which I'm looking into...I'm looking at small cottages in Florida that are in the 30-50k range that rent for aro...
Angela Goode-Taylor
Where Do I Find a Legitimate Private Lender?
I have been trying to find a legitimate private lender to fund an owner occupied REO. However, for the last 2-3 mos, all I have been experiencing are fraudulent scammers. They are asking for money and fees upfront and...
Zachary Blomberg
Question about HELOC with Primary Residence
Hi All!I’m still relatively new to the real estate world, so this might be a simple question, but I appreciate all feedback.I have been in my primary residence for about a year, and refinanced a few months ago. My app...