If so, YES, it's very doable.If someone like me who suffered through bankruptcy can come out of it - and after more than 10 years I've acquired over 1,000 apartment units - anyone can.You just have to have the hustle, work ethic and the belief that you can do it.

There's a nearby condo complex, developer in bankruptcy, and 60 vacant condos came up for auction.

Properties here may be sold with back taxes but not often from my understanding with a couple investors that is where the due diligence before the auction comes in, the representative from the attorney's office stated within that 24hr window they make sure the homeowner doesn't file bankruptcy or any issues with the title don't occur upon transfer.Also shocking enough, this company buys at the auction maybe 3 times out the month but they are always pulling in multiple properties at a time.Knowing how this company does their deals, they ask for a walk through of the property.

No escrow, no title insurance.If the sale was not a valid sale - for instance if the homeowner declared bankruptcy the night before and the lawfirm didn't know about it and then went forward with the sale - then the lawfirm sends us our money back and rescinds the sale.

If the owner of the property is teetering on bankruptcy or having a problem with the payments, you want to do a subject to, where you get your name on the deed and you send the payments to the bank, yourself.

You will be reaching people before the bankruptcy cogs start grinding.I have a blog that talks about the type of message that you might want to send.https://www.biggerpockets.com/blogs/10944/74462-you-want-to-buy-their-home-but-how-do-you-get-the-attention-of-senio

Hello All,I'm looking to a buy a home after claiming bankruptcy about a year ago.

Even if your properties are in LLC’s, these do not always protect you money from being attacked in a lawsuit or bankruptcy I have been through this and IRA money and my primary residence was not touched. 2.

The Judge issued a Motion to Remove effective November 30th, however my attorney thinks the Squatter, on November 30th, will file for Bankruptcy, so he can continue living there rent-free. 

In fact, 2/3 of bankruptcies are due to medical issues (https://www.cnbc.com/2019/02/11/this-is-the-real-reason-most-americans-file-for-bankruptcy.html).It does feel like you aren't getting much for your money.