In fact, if a loan becomes "classified" as a poor permorming debt or the next level, doubtful, it's possible to acquire these notes at the direction of the borrower and you're pretty much in the drivers seat on the deal when purchasing the note at par (its principal amount).

No matter what discount you purchased the property at, you have surely amassed some debt or bills that you would like to pay down or off sooner than later.  

Everything is permissible for me, but I will not be mastered by anything.You can accumulate debt or refrain from owing a person a dime. 

I have successfully used a process, to collect debt from bad business debtors and the process proved to be very effective. 

It could add debt or complications to title.  

I am seller financing a piece of commercial property and on the contract it says that the guarantor and the debtor are the same person.

I don't know of a Court that would approve any creative financing options for a debtor in a chapter 13 bankruptcy.This should be a cash sale or you are wasting your time.

@jflyntok Thanks for asking.We are different than realtyshares.com and other, in 3 main areas.1- We focus on a very particular product, Single Family Rentals, from an equity perspective, we are not listing debt or other type of real estates.2 - We are the real estate operators.

It's either because they are brainwashed into being terrified of debt, or they are jealous of the possibility of you making a ton of money and getting ahead of them in the world.

Hello Fellow BP Buddies,I work in capital markets for a very large private real estate development company, and my job entails addressing the needs of our various projects from a capitalization perspective (primarily debt or equity, mostly debt).