Chapter 13 involves negotiating down debt (credit cards typically are 10 cents on the dollar) and paying it off over a 60 month payment plan.

Seeking guidance on how best to exit a partnership mid-flip and the tax implications I should prepare for.Detail and timelineI bought a duplex in January for cash - standard closing with the buyerIn May I let a partner buy into the deal with cash and had his name added to the deedthere was no recorded transfer of $$ at this closingMy partner is now offering additional cash to buy me out of the partnership and take over 100% of the dealHoping to better understand at a high level what the typical path forward would look like in this scenario ?

I am really excited and I can be impatient but typically I see it as aggressive.

I typically look at neighbors further south (Calumet Heights, Lawndale, Pullman...etc).I dont want to deter you as there are definitely people making money in Engelwood, but it's not a B neighborhood. 

If there aren't that many great deals where you live, I'd just hang low and wait it out for the time being or maybe branch out into looking at deals you wouldn't typically look out.

Even hard money lenders that do asset based lending will typically want to know your experience as an investor before lending any money.

I typically will use them as my sellers agent when I flip the house as well.

Typically 80+% of homes sold have a mortgage hold still on them at closing.

But some have things that typically a tenant will have messed up.  

But a “seller’s motivation for selling” typically isn’t a part of disclosure requirements.