Quote from @Chris Seveney: @Dan N.I would ask your agent to ask their agent is the home being included in the bankruptcy?

I agree with @Chris Seveney-- Typically from my experience also, lenders do not like to see "skin in the game" be... someone else's skin? 

Quote from @Chris Seveney: Quote from @Nadir M.: Hello BP,Wanted to get everyone’s opinion on what they would do in this situation.

Quote from @Chris Williams: Quote from @Jay Hinrichs: Quote from @Chris Williams: Quote from @Jay Hinrichs: Quote from @Chris Williams: Quote from @Jay Hinrichs: That you can make a ton of money with no money and by wholesaling  total myth.  

Quote from @Chris Seveney: @Rob IbarraSay they come back with an offer.

@Chris Womack start attending the local investor monthly meetings:REIA of OaklandMREI in TroyFacebook: Metro Detroit Real Estate InvestorsDetroit Renegades

Quote from @Chris Seveney: @Ray HageI agree as I would stay away from condos as between special assessments and increase of fees, what is the risk vs reward.Many of these buildings are run by people who are not property managers or have development experience and lack the knowledge to properly run the propertyAlso many don’t realize that on older buildings your initial estimate will be 30-50% less once the work starts, especially on older concrete buildings that are susceptible to deterioration due to the weather in these areas (especially the salt)I agree with you Chris. 

Thanks @Chris Seveney and @Jay Hinrichs.

@Chris SeveneyLove it!

@Chris SeveneyThanks for the very informative post