I really like using Whole life, and IUL policies to create some extra arbitrage points while allowing you access to your money, and offering you other statutory protections from things like taxes, divorce, bankruptcy, and providing living expenses, and a death benefit for your heirs. 

And I was actually feeling bad until I started to wonder if Bankruptcy was not in my tenants immediate future.

Medical bills, older foreclosures or bankruptcies with a clear path of redemption, divorce, and other events...if the person is upfront and there is evidence to support significant improvement overall.

The balance of the mortgage is $277,000.The other house is clean, no bankruptcy., we bought in 2018 for $250,000.

I am not a lawyer but I managed bankruptcy operations for a servicer when borrowers filed bankruptcy.

she has access to. their SSN and criminal records..if they’ve every filed for bankruptcy etc it’s crazy!

The furnace, a/c, roof etc. are part of the owner of the property responsibility.Whether or not it is legal, I'm sure Bill will enlighten me :), In my L/O I did a longer term lease for the gentleman bc at the time he was going through divorce and also bankruptcy from the divorce.

*Sidenote--around this time my fiance and I had a baby and are living in the home.In the end I made the decision to file for Chapter 13 bankruptcy and tried to leverage the Mortgage Modification Mediation program to have a 3rd party help negotiate my loan mod request with the loan servicer.

@Branden JordanWithout reading everyone’s posts because they are long winded I will break this down very easyWill defaults increase - yes as unemployment and defaults are all time lowsWill foreclosures increase - slightly but because of equity in assets we will see more bankruptcies than anything

We've also noticed that through foreclosure.com, it lists a homes of bankruptcies.