Stan Plebanek
Has anyone ever done this?
I have a friend that is looking to relocate. He has a nice home that does not need any rehab. If I took over the payments subject to the existing mortgage, it would cash flow but there is always the posibility of th...
Ivan Reyes
Setting up a Land Trust?
My partner and I live in Alabama. We’ve been given the opportunity to purchase the house we’re renting with seller financing. We need to take advantage of this now before we lose it. However, my partner has some c...
Aaron Lavigne
Making offer on property owned by trust/estate
Hi BP - I have my eye on on a piece of Land in CT that is owned by a person's name followed by Trustee (John Smith Trustee). It does not have any buildings on it, just land considered wetlands. It appears no taxes h...
Deidre M Lewis
Robs method of financing
Had anyone used the Robs as a method of financing and if so who did you use and how did it go?
Mike Nowicki
Transfering Title to a LLC (Land Trust)
A friend and I recently closed on our first investment property which is a buy and hold. We currently hold the title as tenants in common but have established a LLC in which we want to transfer the title. We finance...
Josh Clemence
Contract and Tax Question
This is unfamiliar territory to me so thought I would as here. I am going to talk to my accountant next week, but thought I might be able to get some information ahead of time.
I am in the process of buying a hous...
G Marks
1031 and Land Trusts ?
Hi all,
Looking for input regarding 1031's and Land Trusts. For those not in the know or not familiar with Land Trusts, it is a Trust in which a property is titled to a Trust name ( ie 123 Main St. Land Trus...
Raul Ruvalcaba
Mortgage or Refinance property? What move to make
Hello everyone, I need some advice as to how to proceed in my investment quest. I currently have 4 mortgages. I been saving up for awhile now... I been able to saved approximately $50k. I thought of investing half and...
Lucas Cookson
Help me understand this letter from ReconTrust
The letter states the following:
FULL RECONVEYANCE
WHEREAS, John Smith, is the Trustor, Bank of America, N.A, is the current Beneficiary and ReconTrust Company is the current Trustee under that certain Deed of Trust ...
Albert Arguelles
Bank Owned Property getting foreclosed?? By Who??
Hi Guys,So, I wholesale and market to foreclosures. Some of the properties I research are owned by banks, how does that work? Who is foreclosing on the bank? They're supposed to be the note holder and beneficiary; w...