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Lets say the interest on a tax lien you purchase is 12%. That 12% is annual interest rate. Lets say the lien you bought was $10k. If the homeowner pays the tax lien off in 3 months, do you still make 12% on your mone...
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I’ve received an email of the following.I am confused as to why he’s thinking I have to buy back my own tax deed. also the part about him restricting common elements of a subdivision can’t possibly be accurate right? ...
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As I have discovered, a Primary Residence mortgage is able to give you some of the lowest interest rates as compared to an Investment Property Mortgage. I assume much of this has to do with what the persons intention ...
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There is a house I am looking to purchase at a sheriff sale in NJ. The ARV of the home is approximately $700k. The property has 3 mortgages against it. It has a first from 20 years ago who's face value was original...
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Hey guys, I'm a real estate closing attorney in Atlanta, but I grew up in rural North Georgia. I'm looking to buy my first investment property in the next six months, and I'm considering focusing on more rural markets...
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Say a second mortgage lender forecloses on a home. They're owed $100K and the lender on the first is also owed $100K. The 2 lenders work together and set the minimum bid at the auction to $200K. The lender on the seco...
BP Dfw Community I have a question, once properties are listed for sale/auction by the county, does that disqualify my ability to make a deal happen with a motivated seller ? Or up until the actual sale am I still abl...
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It's official my people! I have a bidder number for my first tax lien sale!! I am going in light footed because I kind of just want to learn the process right now, but I have done a good amount of research. Between po...
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One of the most challenging things in our business is to find properties we can buy in a consistent bases. I was wondering how are you guys finding the majority of your deals?
I'm looking to get financing on a deal for an apartment complex in Texas. It's a 153 unit with 1.9mil in assumable debt and it's being auctioned beginning at $300,000. The gross monthly income is $61,000 for the apa...