The provisions of Section 203(k) are located in Chapter II of Title 24 of the Code of Federal Regulations under Section 203.50 and Sections 203.440 through 203.494.

I found out that the owner if in Chapter 7 bankruptcy.

I am a few chapters into a book on apartment investing.

But the guy had one civil judgment in 2006 and filed chapter 13 in 2004.

Assuming you plan to buy and hold, you also want want to make cash flow and resale projections going out several years -- I would say five at the least, but probably more.If you go to my blog page here on biggerpockets (or the blog on my company's site) you can download a sample chapter from my latest book -- the chapter is about using cap rates.Originally posted by Dustin Lyle:I read in a thread concerning California where multi unit residentials are selling around 4-5%.. which lead me to a good question..

They told me to walk away first, and then if I get sued, I have to file a bankruptcy, but if I leave the house I may not qualify for chapter 7.

Second, a chapter 11 bankruptcy is EXACTLY what is needed.

You can look at Chapter 82 for the limited brokers license.

This will be a chapter and/or a table that will show the required sizes of things in order to do the use.

I am looking forward to a new chapter in my life and making some money.