It is not usually a problem, but if the bank calls your note(s) due then it could be a difficult situation.

@Taylor Reichert When you have more experience you will learn that problems are opportunities.Your prospective seller(s) have a problem in that they are unable to pass marketable title.If it were me, I'd determine if it was due to a prior break in chain of title, a current secured creditor or a competing claim for control by another a heir or beneficiary. 

Originally posted by Michael S.

Im currently in Northern Minnesota, and am looking to invest in Dakota county as well.Looking for that right person(s) to jv with as this would be a remote/ monthly trip for me.Ive done over 100 deals , and had about every type of transaction, that i can think of, across my desk.Im a Ron Legrand, original student and have been with jack miller, jimmy napier, and alot of the earily (pre GURUs) guys who have formed this "creative" real estate passion we all live and breath in.Currently a Dan kennedy , GKIC marketing member, and part of a couple mastermind groups.I am kinda obsessed with real estate, especially the marketing end, and mailing lists, now for quite some time and have seen in good time, and bad a cap up here with these properties at $25-$45K tops!

Im currently in Northern Minnesota, and am looking to invest in Dakota county as well.Looking for that right person(s) to jv with as this would be a remote/ monthly trip for me.Ive done over 100 deals , and had about every type of transaction, that i can think of, across my desk.Im a Ron Legrand, original student and have been with jack miller, jimmy napier, and alot of the earily (pre GURUs) guys who have formed this "creative" real estate passion we all live and breath in.Currently a Dan kennedy , GKIC marketing member, and part of a couple mastermind groups.I am kinda obsessed with real estate, especially the marketing end, and mailing lists, now for quite some time and have seen in good time, and bad a cap up here with these properties at $25-$45K tops!

@Jeremy S. newly minted CA RE agent at 18  took me 3 months to finally make my first sale after a ton of rejection some tears and thinking this is a crappy business. 

A friend is about to lose a cabin that has been in his family since the late 60’s or early 70’s.

@Bill S. 

Originally posted by @Brett S.

Special assessments for the elevator.