Lois S.
Escrow instructions to pay off secured promissory note?
We hold a promissory note that has come due, and have received a payoff demand letter from an escrow co. that is not local.Escrow is asking for:the Note, the Trust Deed, Order to Reconvey signed by usPolicy of Title I...
Horacio Gutierrez
Children under age of 18 inherts rental property in trust
Hello,Say a kid under the age of 18 inherits a rental property which has been placed under a trust and parents choose a custodian to manage the rental property. The rental property still has mortgage. The custodian ...
Michaela Manco
How long after appraisal until closing?
Hello,
I’m under contract on a house that has been nothing but nightmares the entire time. Appraisal was completed last week and sent to the underwriter first thing Monday morning, I have been checking with my loan p...
Ty Downing
Probate timeline
Hello BP Nation!
I did a quick search before hand and didn't see this question asked yet. I called my probate court today and to my surprise they were very knowledgable on giving out probate lists for a very ...
Andrey Y.
PCSing to Korea !! Thoughts on managing rentals
Hello all,I recently find out that I'll be PCSing to Korea in a few months. Super excited!! Just wanted to reach out to you guys who have been overseas in Korea or Japan and get some thoughts. Curious, is there any wa...
Vince Russell
45 Day Flip at $5K Over Asking!
Investment Info:Single-family residence fix & flip investment.
Purchase price: $92,200 Cash invested: $13,500 Sale price: $140,000So on this deal, we were purchasing the house for $92,200 with an estima...
Account Closed
quebec tenants and owner-occupation
Hi all, i just purchased a duplex in Sherbrooke Quebec. there are currently two tenants in the building, one on each floor. before signing, i received written agreement from one of the tenants that they would leave on...
Dave S.
100% seller finance and tax deductions
I'm about to enter into a 100% seller financed loan and I'm wondering how I need to handle everything to ensure I can still write off the interest on the mortgage note and take advantage of all the other tax deductio...
Deren Huang
3rd times the charm...
MAN, what a crazy flip! Lots of lessons learned on this one but in the end a success!I bought this deal from a local wholesaler, I was wanting to do a bigger projects and make something beautiful. This is the largest ...
John Ulrick
Property Management Question
What concerns would you have with paying someone who is not a licensed real estate agent/broker to manage one or several of your properties, specifically in MO?