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Hi BPers,
Here is a question that I am not sure has been asked yet
I recently found a distressed seller who are in the middle of divorce and have agreed to sell their house at a reduced price and via a land contrac...
@Steven Hamilton II and @Dmitriy FomichenkoI read some threads recently where the info on basis when purchasing sub2 seemed conflicting. 2 years ago I bought a property subject-to the existing liens of $250K. Then f...
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Here is an interesting article that compares the current climb of oil prices into the stratosphere with the recent housing bubble. The theory is that the oil market is as unsustainable as the housing market was. I hop...
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As I understand it a subject to is when you take the place of the original owner in a property. Money is made when you buy a house not when you sell it so how is this beneficial? Are you paying less for the equity the...
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Hi All,I'm looking to purchase my first investment property and I just had a home inspector go through the house and create a report. I don't know anything about a home inspection and a lot of the stuff just flew over...
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Hello everyone,So to fill you in, I am working on getting a house that we would tear down and start new construction on. We would like to get a demo permit search going before option period just so we can be sure the...
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Hi BP! I bought a tax-foreclosure in Detroit, the property is currently occupied with the previous tenants....they are interested in purchasing the home. I have spoken with several local attorneys about doing a straig...
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I'm looking to move out of my current house and buy a multi-family property where I would occupy one unit. I'm worried however because my house is a very strange layout. What if it doesn't sell and I can't owner occ...
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The Cat HouseA few blocks away from the University of Arizona in a neighborhood known for prime real estate, we had the opportunity to purchase a very rundown property. A house with a lot of promise and character has ...
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Hey Everyone! I am looking to find people who are facing foreclosure and have a little mortgage left or owe back taxes and may be in pre-foreclosure due to that, and possibly buy their house with seller financing. I k...