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Let's assume that I can pull out approx. $225,000 in equity from my home. Let's also assume that if I do nothing with it I am able to pay the monthly note to satisfy the loan. Seeing that rates are pretty low right no...
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Hi, I have been browsing through pages and pages of the forums and not seen this specific type of scenario. Any input is appreciated.I have identified a great deal for a house that could serve as our “forever home” (i...
I am performing property title check, property in Michigan, and I see strange picture:
March 1999 Quit Claim from "Jane" ex wife to "John" ex husband.
August 1999 Mortgage given to "John" unmarried Man.
September 1...
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This one is a bit beyond my knowledge of exactly how 1031 exchanges work. I wanted to reach out to you guys for some advice.
I have an investor that I am currently working with that has invested in several other proj...
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Hello,We opened claim to replace the roof because of wind/hail damages (we have the coverage). We got it inspected by 3 licensed roofer and everyone said that Insurance company should pay for replacement. When I opene...
BP members. Hope all is wellI run a few STR properties and performing great for all properties. Generating 20% return on cash on cash because I manage myself remotely. so other friends, potential investors want to inv...
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If a DoJ lien is filed AFTER the foreclosing party’s lien – is the DoJ lien extinguished at the foreclosure sale (no longer attached to the property) ? For example, foreclosing mortgage lender lien recorded in 2005 an...
Our Situation:Two couples, new to real estate investing, each with one working spouse with a high income (W2 and 1099) and one non-working spouse plan to go 50/50 on a new construction STR which will not close until S...
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Hey All,Looking to get my footing in real estate this year and my goal is to have 3 properties by the end of 2024. I've been researching and studying the market. I currently rent and my first property is going to be a...
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I have a seller who wants to donate a property to me. The only cost I have to incur upfront is $937.00, 3 years in back taxes plus my attorney fees. The property was tax deed sale in 2014 and has been vacant for sev...