I read a couple BP Podcasts and the advice I took from them where some good direct mail leads come from; divorce, absentee owners, estate sales, or bankruptcy.

Can anyone provide BP links or advise on buying a home from/out of Bankruptcy?

Your seller can state what they will accept and then turn that over to the originator.What happens if your seller/note holder dies and that note goes to an estate situation, it ends up in bankruptcy years later or the holder needs to sell the note and the note is found to be in violation of law?

Instead of paying the $24M (he's worth an estimated $80M), he declared bankruptcy in the company that was sued, thereby protecting himself from having to give up any of his personal wealth.While what he did was completely legal, it's not hard to argue that it was also completely unethical (not living up to your contracts with the company who helped make you wealthy).

I've heard of non-recourse bankruptcies, but not non-recourse loans.

To start, I intend to wholesale for immediate income, partner on deals when the opportunity arises, and eventually be in a position to invest individually.Unfortunately, I have very little disposable income and a bankruptcy just under a year ago.

However, we had filed chapter 7 bankruptcy and August will be the two year mark since then.

Bob Diamond has had recent foreclosures, nonpayment of taxes, and filed bankruptcy. http://www.attorneyBobDiamond.com

Bankruptcy discharges outstanding debts.

Wondering if anyone has any thoughts about the recent interview by Meredith Whitney, about the only Wall Street analysts worth anything, on CNBC.She talked about Detroit bankruptcy saying more is coming.