Lawyers and CPAs will recommend these things because they make money off you.

Mostly, they are withdrawn by the lender (I can explain why); second there is a postponement for workout efforts, third they is an actual workout plan agreed, fourth, a bankruptcy filing.

I'm talking to the seller's broker, but I would like to find my own people to assist with the due diligence period, such as an SBA loan broker, an accountant with experience doing QoE for this kind of transaction, and a lawyer.

Physically jot down the timeline for an eviction.Call an eviction lawyer and ask them how long it takes to be seen in court right now.

You need to target recent or currently in bankruptcy, has liens on the prop,  just had a medical event, or is late on some payment 30-60=90 days late. 

The bank's, hedgefund's, public and private companies, the exchanges, they've got really great lawyers.  

After 99 Cents Only filed for bankruptcy in April 2024, 28 stores in Phoenix closed, leaving 632,900 square feet of prime retail space available.

Asset protection in case one of us getting sued (I think it was a BP podcast episode where a lawyer told the story about the son hitting someone with the car and the family of the kid that got hurt suing them and them having to surrender their house.)

Just as all doctors or lawyers are not all the same, so with architects.

Eviction and foreclosure are two common real estate processes where you always want to use a lawyer from beginning to end.