I know a friend of the family that inherited his mother's house after her passing away and now, years later, he is on the verge of losing the house due to defaulting on property tax.  No tax lien has been placed on th...

Hello All! I am interested in acquiring pre foreclosures to buy and hold as rental properties. I am not a licensed RE agent or attorney, just an investor looking to increase my portfolio holdings. My original plan was...

A broker friend brought me a 4-unit property. Valued at about 175K, with the option of making cash offer of 120k they expect to be accepted. (Basicaly buying a 175 property at 120)
They are asking for a 20k finders fe...

Hey folks! I am almost 60 days into my investment career, have a foreclosed property I bought at auction and just starting the rehab. However, not sure I want to live in the foreclosure world long-term, mainly because...

So I am thinking of starting an S Corp to take advantage to the tax savings while flipping houses.Has anybody run into an issue buying properties from either online or live auctions as an S Corp?Also is all the extra ...

recently heard of someone purchasing through foreclosure.  And there are some unknowns involved with that.  Are tenants still in it? If so you don’t know the whole situation of the rehab.  Is the electric cut off? You...

It surely is a small and mysterious world. I happened to start learning about private equity funds, stakeholder capitalism, and the housing crisis last week and also started getting more active on the BP forums.I post...

- I purchased a foreclosure property in Maryland- in MD, the court has to ratify the sale... and this can take at least 30 days- the trustee mandated that we close no later than 15 days post ratification- I was ready,...

I found a vacant house where the owner passed away in 2015.  It's been vacant since then.  USDA loan on it, it's in foreclosure, but hasn't been taken back yet.  Does anyone have any experience with USDA loans and who...

Hi. Trying to get some very fundamental stuff answered and clarified.

example 1:
Homeowner Scott Spivey took out a mortgage for 200 grand and bought a house. He paid 10,000 dollars on it and then lost his job. He ...