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Results (7,633+)
Luiz Souza FREDDIE & FRAUD!!
4 May 2010 | 47 replies
REO sale, short sale, tax lien sale, bankruptcy trustee's sale, etc.), where any increase in the sales price over the property seller's acquisition cost can be clearly shown to be a result of the difference (if any) in the market's reaction to distress sales and typical arms-length market sales.
Michael Seutin Anybody bought with Urban Detroit Wholesalers?
14 July 2013 | 72 replies
Presumably he is taking bankruptcy, since I have a pocket judgment of $70,000 against him that I can get simply by filing an affidavit of non-compliance.But I'm sure that would be pointless, like everything else I've tried to do in Detroit to recover the stolen $70,000.
George Ozoude hard money for high income earners
7 October 2018 | 21 replies
If person has assets, bank accounts, personal home, and took loan on his name on rental property, who would allow him to file bankruptcy on this rental house? 
Shal Patel Which mortgage should I pay off first? Rental or my own
24 February 2020 | 55 replies
There is also the theory to keep your personal home 'highly leveraged' in case of a lawsuits or personal bankruptcy.... that way, there is 'not much equity for them to go after'. 
Danny Chan Changing Tenant Screening Requirements?
24 May 2019 | 17 replies
If you chance your requirements, you might consider reaching back out to those that have contacted you to see if they are still interested.I like to look at the last two years of history for late/missing payments, defaulted accounts, and bankruptcies.
Ernesto Salgado Putting deed to a living trust to get around Due on Sale Clause?
9 December 2021 | 5 replies
If there is a due on sale clause, it is the same effect as any violation of the mortgage or deed of trust, the remedies are spelled out in the document itself and usually include foreclosure.I believe what you are thinking of is a “fraudulent transfer”, which may be applicable when a property owner files bankruptcy and prior has transferred the deed to a trust that has another person as trustee, but which he is beneficiary and does not report such in his list of assets.
David Barwick Choosing between higher income or better credit applicants
18 December 2021 | 16 replies
The applicants all seem to fall into one of two categories:1. better than 3x income but credit problems ranging from missing some payments for some, all the way to bankruptcy or eviction for others. 2. right at 3x income between spouses’ combined income, good credit history. 
NIcholas Hamel Should I use the equity in my primary for a rental???
1 July 2021 | 50 replies
No landlord would rent to him and his family due to foreclosure and bankruptcy pending.
Tucker Cummings Advice to Wholesalers / Deal Finders - Get Started Step by Step
8 December 2021 | 14 replies
There are several services that do this, but I like to use BatchLeads.Here are some lists you can target with Propstream: Out of State Landlords, Pre Foreclosures, Probates, Expired Listings, Divorces, Bankruptcy, Tax LiensRecommended Resources: Propstream ($99/month), BatchDriven ($49/month), BatchLeads ($104/month, $0.14/skip trace, does both skip tracing, list building/stacking and texting for prospecting)Step 3: MarketingThis is where you will start connecting with sellers.
Armin Shivazad Leasing to a formerly bankrupt tenant
24 January 2022 | 5 replies
I saw on the public court records that he owned a house but between 2009 and 2015 he has had issues paying his mortgage and credit card bills and finally in 2015 he was granted bankruptcy and his house was foreclosed.