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9 April 2016 | 1 reply
(I'm Jedi like that:))Other stuff showed up too.Including chapter 11 bankruptcy proceedings.Then I got curious.I searched her on the county website and discovered she has an extensive portfolio of multi and single family units.So I asked if she was looking to sell(of course).Well,she said she was getting ready to list the entire portfolio for sale.Sensing the opportunity,I asked her not to do such a silly thing (😜) until I've had a chance to consider if I could buy any of them off market.Here's the problem:She is asking retail prices way beyond what I usually pay to acquire my properties.I'm a BRRR kinda guy and used to paying half what she's asking for these units.But they are all in my desired neighborhood and she's willing to do owner financing at 6% ,30-yr amortization (!).
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5 January 2016 | 7 replies
Property is being auctioned, O&E and Pacer show a BK that is not discharged. Although, I'm not even sure this is the same person as the borrower. My title company didn't have an answer today since they are in FL a...
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7 December 2016 | 3 replies
An interesting article in the NY Times today about a possible bankruptcy by Dallas.
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18 July 2017 | 13 replies
But he's in Ch.13 bankruptcy and so is the house.
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9 October 2017 | 9 replies
The amount of foreclosures are getting so bad that banks can even continue a foreclosure process even if you tried filing a couple skeletal Bank Ruptcies.
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8 July 2017 | 5 replies
Though I will likely lose 5K, as I doubt that she will meet her bankruptcy obligations, I am very happy.
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6 June 2017 | 1 reply
I need a bit of direction on this deal: 3/2/1 | ARV: $235-240K | Mortgage: $151k | $15-20k in updates/repairs | The biggest thing is he is in chapter 13 bankruptcy.
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12 August 2017 | 4 replies
This would be issues like a bankruptcy, low credit score, several past due accounts or late pays, foreclosure, not enough income because retired etc...
26 August 2009 | 5 replies
If they do not know what your lists consists of (absentees, NODs, bankruptcy etc), how are they going to sell it as?
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22 January 2013 | 4 replies
The husband filed bankruptcy (Chapter 7) back in May last year due to divorce.