That is really complicated, we have land and have a concept of commercial shopping center and we would like to raise finance for the development of this project, but there is a question to sell this development as we don't consider to manage it.

I started a couple years ago then life got kinda complicated and I took a break from everything.

And you could turbo charge the above plan with the judicious use of leverage.

He also saw where the summary of judgement hearing was thrown out because lenders not following judicial process.He was asking questions on the note pad like I have never seen him ask.

I figured this would get somewhat complicated with two middlemen (myself and the other wholesaler).

Keep in mind though I'm an out of state investor, so doing any kind of repair, complicated foreclosure, etc. is not realistic.

Older parks are a far more complicated dance...

I wonder if them filing BK might have any complications?

Depends on the state.Some states are non-judicial only and others judicial.Some states have pre and post redemption rights.In Georgia we are non-judicial and once it forecloses there is no redemption period for the previous owner to claim.Now an IRS tax lien and other liens can survive the foreclosure sale and not be wiped out.With the IRS you have to wait 120 days for the redemption period.Foreclosing on tax liens is a different animal all together.It just depends on the state and what you are trying to do.

But with a 400k government lien on it, it sounds like disposal of the property is going to be complicated.