Pallas Investor Deals · Kentucky
Off-Market Investment Properties in Kentucky
We buy houses directly from homeowners across Kentucky, in Bowling Green, Covington, Elizabethtown, Florence, Frankfort, Georgetown, Henderson, Lexington, Louisville, Owensboro and Richmond. The houses we don't renovate ourselves go privately to investors on our list. Join Pallas Investor Deals, choose Kentucky, and we will text and email you the deals that fit your buy box.
Join Pallas Investor Deals →Where We Buy in Kentucky
We buy in these Kentucky markets and the towns around them.
Buying an Investment Property in Kentucky
The basics that change from state to state. This is general information, not legal or tax advice. Confirm the details for your deal with a local real estate attorney or title company.
- Closings
- Kentucky closings are handled by attorneys or title companies. Non-attorney closing agents are allowed as long as they do not give legal advice.
- Transfer tax
- Kentucky's transfer tax is $0.50 per $500 of value (0.1%), and the law places it on the seller.
- Foreclosures
- Kentucky foreclosure is judicial: the lender sues in Circuit Court, and the court's Master Commissioner holds the sale after the property is appraised. If the sale brings less than two-thirds of the appraised value, the owner can redeem within six months.
- Wholesaling and assignments
- Kentucky's HB 62 (2023, KRS 324.010 and 324.020) requires a real estate license to advertise an equitable interest, meaning a purchase contract, in property.
Sources
FAQ
Who handles real estate closings in Kentucky?
Kentucky closings are handled by attorneys or title companies. Non-attorney closing agents are allowed as long as they do not give legal advice.
Is there a real estate transfer tax in Kentucky?
Kentucky's transfer tax is $0.50 per $500 of value (0.1%), and the law places it on the seller.
Can I buy an assigned contract in Kentucky?
Kentucky's HB 62 (2023, KRS 324.010 and 324.020) requires a real estate license to advertise an equitable interest, meaning a purchase contract, in property.
Run the Numbers
- ARV calculator: estimate after repair value from comps
- Fix and flip calculator: profit, cash needed and ROI
- Assignment of contract: how assignments work
- Double closing: buying and reselling in two closings
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