Bryan Price
Hard Money Loan Past Due (any red flags?!!!)
23 October 2024 | 8 replies
Bankruptcy filings, liens, or other defaults on properties could signal cash flow issues.
Kyler Cook
Christian Investors - How do you tithe?
24 October 2024 | 27 replies
Currently, one of my long-term employees is on the brink of financial bankruptcy due to the significant health care costs associated with her teenage daughter’s severe mental health illness.
Jesse LeBlanc
FRAUDSTER ALERT... watch out for Justin Nguyen in Florida. BE CAREFUL LENDERS!!
25 October 2024 | 66 replies
Their ability to scam to the next level is not unheard of in certain communities.one way to find out is checking their own and family bankruptcy filing, some of them are bankrupt due to gambling and going in and out prison, is not that uncommon.
Lin Shou
How to use foreclosure.com to find deals?
15 October 2024 | 1 reply
For the bankruptcy properties, we contacted the trustee phone numbers on the website, however, they usually just replied to ask us to look for debtor's attorney.For short-sales, we searched the listing on zillow.com, but majority of them are off market.We used BP recommended realtor and asked if they can help with the properties we targeted, the realtor searched for a week of the foreclosure ones and get back to me that she believes she will not be the right partner.
Olivier Chaine
LLC Transfer - for Loan
16 October 2024 | 5 replies
Foreclosure itself can be delayed by either a Temporary Restaining Order or a bankruptcy filing.
Dan N.
Just closed on 1st property - Here are some lessons I learned
15 October 2024 | 6 replies
Unless it´s a screaming deal, do not buy a house from someone going through bankruptcy.7.
Max Bellino
Anderson Business Advisers Asset Protection
15 October 2024 | 26 replies
Most multi participant retirement plans are Federally exempt from creditor judgements; IRAs are Federally protected as a bankruptcy exemption up to $1,512,350; some states (Texas, Florida) extend this protection to the full amount held in the IRA or any other retirement account.5.
David Kanarek
Beware of Norada Capital: Caveat Emptor My Fellow Small Investors !!!
24 October 2024 | 88 replies
If I were in their shoes, I would have my attorney on speed dial to get the first in line before Norada gets wiped out and bankruptcy is filed.
Sara Tranum
If a property you offered on ended up going into foreclosure…
12 October 2024 | 2 replies
Also understand that just because its in foreclosure does not mean it will go to foreclosure. the borrower can work something out with the lender or file bankruptcy as well.
Karen Smith
Key Qualities to Consider in a Borrower Before Offering Private Money Loans
11 October 2024 | 17 replies
In your experience, how do you weigh each factor—like FICO, LTV, or prior bankruptcies—when making a decision?