Hello,
     Does anyone have experience buying a property that has had bankruptcy filed on it? There is a single family house in my market that I got an email about it being in bankruptcy. Is there an opportunity to ...

Because there is no HUD education/training of 203k Consultants, HUD states that the lender is responsible for everything the 203k Consultant does and this is why HUD requires the lender to select the 203k Consultant. 

I'll DM you his contact. 

Here are some­ straightforward tips to kickstart this new venture:Learn re­al estate investing me­thods, market trends, financing choices, prope­rty management, and rele­vant laws.

I’m just looking for tips from people that have kinda been in my same situation and might have some advice for us.

@Zach Quick Thanks for your response.

Anyway, just something to think about.At the end of the day you are personally responsible for the success or failure of your business so you need to decide how you want to run it.

Thanks for your response! 

If you take all the cash flow each year and give it to the investor for the first 5 years. then after 5 years you could refi 80% LTV  and have enough cash to pay him back his 29k.

That being said, as a new investor you should expect your buyer to request a buyers agent representation agreement ( which many should and currently do ) outlining his compensation, which can be structured different ways.