All Forum Posts by: Sara Oubre

Hi Josh,

We've been investing in the Hartselle/Morgan County market for 6 years now. Flipping can be interesting in this area, but we've built a steady portfolio based on rentals/remodels. If you'd like to message me feel free!

Sara Oubre

Joe- They do. I actually attended the TDHCA class when we first started doing mobiles. Very educational and interesting class actually. I more or less needed info on how to handle things from this end.

And I also have to add, this was my first post on Bigger Pockets. Have been on here awhile, and gained lots of insight. But was always too nervous to post! Thanks for giving me an helpful response back. Perhaps I will chime in more now that I've overcome that hurdle :)

Thank you for the insight Bill! It's spot on with what I figured we needed to do. With this being my first experience with the divorce scenario I want to make sure I respond appropriately.

The owners have made timely payments for the last 2.5 years. Never a day late, and always very nice and prompt. He is the main income earner for the family, and she receives disability. However she is the one who deposits the payments and notifies me that it has been paid. I'm hesitant to see how things turn out with him having to handle the financial affairs of the family without her. Alas, I do believe that he will most likely pay.

Once again, thanks for the insight. For now I will let them know their divorce proceedings are what will need to be handled first and foremost.

Hello,

I have a mobile home in Texas that we owner financed to a husband/wife in April of 2011. Thus, we hold the note, and the title etc. are in their names jointly.

I received a message today from the wife asking "How to take her name off of the title, because they are divorcing and he wants to remain in the house".

I tried to research on here to gather a more informed response, and have also contacted my lawyer as well. I was wondering if anyone has any experience with owner financed properties, and divorce, and how to best handle this situation.

Thank you greatly!