I'm not sure I completely understand. 

Thanks in advance,It simply means that a bankruptcy has been filed, but not yet completed.

Sounds awesome!

This sounds like the modern day REI version of the Nigerian prince scheme.

Morby Chase makes it sound easy but....That's what I've come up with.

Sounds like partials are either a "who you know" kind of thing (which is fine) or not what is being sold past a certain scale.

I'll preface by stating I am a complete newbie to real estate, however I have followed BP for about 10 years now.Option #1: House hacking I am currently unemployed, but have a chunk of savings for a downpayment (roughly 50k) if I decide to go the route of house hacking.

I would have a GC give you a complete and detailed Scope Of Work for the reno budget....IE how's the electrical and plumbing?

130k sounds like a lot of equity, BUT most second position products are only going to go up to 70% or 75% loan to value. so, you can not borrow a large portion of that equity.

I feel like doing things completely above board buys trust and builds rapport.