Hi, everyone! I’ve been watching a property in South Florida that is being auctioned in the near future. The recorded liens against the property look to be valued at about 400K.The final judgement of foreclosure is ...
Hi there,I have purchased a SFR in PA 6 months ago (seller finance). It's been rented and the rent is paid on time.I was supposed to pay the balance off within 6 months but I am still not able to refinance in order to...
I’m considering a multi-family building in the Chicago area that has a Fannie/Freddie type loan in place at a very low interest rate. After assuming the loan, there is still another $600k that I would need in order to...
would it possible for the second lienholder foreclosed and evict the homeowner eventhough the homeowner still current on the first?
I am working on a lease option deal on a multi-family where the seller wants to keep all accounting functions with them. They want to collect rents, pay necessary bills, take out lease payments (which would make the u...
Hey BiggerPockets community!
I'm seeing a real opportunity for VA buyers in my market that I wanted to share with you all. Over the last few months I've noticed more and more assumable loans pop up, mainly VA and a c...
I have a property in a 1031 exchange. I am looking to purchase my second property, satisfy my exchange, and bring in other investors because the second purchase is much larger than what I have in the QI. Is there a wa...
There is a condo that is under my primary residence, (up down condo, townhouse set up), that I wanted to buy for a while. The price was too high, initially wanted to combine the units to make a duplex. Was notified re...
Researching a property going to the steps next month in Georgia. I found the following encumbrances:
1st Mortgage
2nd Mortgage
HOA Lien
2 Writs of FiFa (think these are CC deficiency judgments)
...
My Father in law sold part of his acreage (no house just land). This generated approx $300k cap gains potential. We asked a CPA for advice and they told us that if we can satisfy a transfer/sale of the property from...