Shakeeta Winfrey
Flipping REO's via Land Trust
I am interested in doing the Land Trust to resale REO Properties, can anyone tell me the process on how to do it, and provide me sample documents on how to do it, I am a seasoned investor, and I am very interested in ...
Roberto Rojas
Buying post tax deed sale
So I haven't heard about this before. In Texas where I live there's a 2 year redemption period for tax deed sales. Can I potentially reach out to people who have been kicked out by the tax deed holder and offer to b...
Federico L.
May seem like a dumb question... How to organize bank accounts?
Dear BP family,When I bought my first rental, I paid from a personal savings account. I had another idle savings account where I started depositing rents. Months later, I opened a personal checking account where I tra...
Ronnie Woolbright
Buying a duplex with undesirable MTM tenant (large dog)
HI all,I have never run into this situation before and would like to get a little feedback. I am looking at a duplex in DFW Texas and one tenant is on a MTM lease that I would like gone (preferably before I purchase)....
Ed Yuen
1031 Exchange scenario with low credit score
Hello everyone,
I have a client with a credit score below 620 which makes it tough to get a loan. Can they do a 1031 exchange and use their funds towards the down payment of a property and have their daughter take ou...
Daniel E.
Deed-in-Lieu Timing - how to avoid liability in reaching out
Question for the experienced npl / npn / nonperforming buyers.We purchased a note that is 5+ year delinquent with significant delinquent property taxes. The county requires 25% down to start a tax payment. Due to this...
Jared W Smith
Coop rental- Sell or Refi?
Hello All- I am learning the ins and out here on BP. I currently own a coop here in NY which is now rented out. It pretty much just pays for itself, not much cash flow. Purchased for $90k, owe $67k. Currently no PMI. ...
Richard Mann
Self Storage Units
I have read and bookmarked several of the many posts I have read concerning investing in self storage sites. There is one that is for sale in my area and I would be interested.
How many years back should I go...
Nathan Paisley
To get a C.O or not to get a C.O... that's the question
I need an answer from a true wholesaler/investor. Do I need a C.O to assign/double close a property in as/is condition? I've never heard of wholesalers having to have one but my attorney said, that in SOME municipalit...
Rick F.
Setting up Flip Insurance
Hello all,We have just begun to delve into repairing and flipping properties. We have one underway in GA and our flip is in process already and we do not have sufficient insurance in place.So: I have three questions...