When the courts finally hear of the debtors plan, 9 - 12 months after initial BK filing, the debtor claims subject property is worth less than the amount owed.  

I'm starting to look at Reno/Lake Tahoe which is about a 4 hour drive and Las Vegas but my goals are different from yours - I would buy this house to rent out and in the future, move into it as a primary when I decide to retire/semi-retire (Nevada has no state income tax unlike CA).

It is something I believe will help me finally get that coveted first deal and first paycheck.

The only things I have seen them take are comps and a full repair list when they are appraising the final flip.

I’m excited to finally be in a position to take the plunge into real estate investing!

Glad to finally say hello.

Construction of homes began in early 2022.In my experience, my commercial sites move along a much faster timeline, but this one was exciting to finally see a completed product. 

Final appraisal came in way higher than we expected and made $57,000 after paying ourselves back and hard-money lender.

This can safeguard you at lease-end if the tenant refuses to pay the final month’s rent, as you’d have a legal basis to keep the security deposit.

They finally got the hint.