Josiah Patrick Zebarth
NOT going to college, what should I do?
9 August 2019 | 103 replies
So professions where field is growing, money can be 6 figures or more in early to mid career years, and student debt tops out at say 40,000 all in it might make sense.Some students are racking up 60k to 100k in debt for a 50k job where the student loan debt in most cases cannot be eliminated in a bankruptcy!
Nicholas Z.
What are the downsides of mortgage note investing?
10 August 2020 | 25 replies
Borrower stops paying, files Bk, stops paying, file foreclosure, file another bankruptcy... they can really drag it on and when you buy or sell a non performer it trades at a significant discount. 2.
Edwin Ortiz
How to choose tenants?
1 November 2020 | 14 replies
For example: Credit score over 550 with no consumer accounts in collections, no undischarged bankruptcies, no major felonies or evictions, and 3-3.5 times the rent.
Fade Aromolaran
I'm Looking Buy 20 Subject-To Properties In Maryland This Year
15 November 2021 | 62 replies
He talks at length about being caught up with a client he was doing GC work for that owed him as much as a million before filing bankruptcy and he was wholesaling to pay his workers on his clients project, with the promise that they would pay him back at the end.
Owen Schwaegerle
Do you ever purchase a property subject to with negative cash flow?
6 September 2023 | 24 replies
Just curious how would you mitigate against a seller filing bankruptcy post sale, just to pick one example?
Bryce Davis
Renting Very High End Real Estate - Advise Needed
21 March 2016 | 21 replies
Other potential sources are executive rentals, where the home is part of a corporate compensation package (I have one rented that way now), and a messy divorce/chapter 13 bankruptcy where the client must disclose everything as part of the bankruptcy.
Account Closed
How and where to get tenant's credit report and other Qs
14 October 2016 | 4 replies
We look for past evictions and bankruptcies as well.