Christine Sykes
What if you're bad at math?
11 February 2016 | 9 replies
If it means that you're not very good at conceptualizing what needs to be done, and how much it costs, you should have someone good assist you/do it for you, even if it means hiring someone (depending on the size of your business), because getting the math wrong will mean the difference between success and bankruptcy, and this is even more true the further down the ladder you go in terms of profit margins.
Craig Kleffman
Wholesale Deal - Abandoned SFR - Los Angeles - SFV - Reseda
16 February 2016 | 11 replies
Owner went into bankruptcy.
Matthew Hall
Short sale with discharged mortgage-obtain through quit claim?
4 February 2016 | 4 replies
How does one file bankruptcy and then turn around and buy another home?
Omer S.
Problem Tenant Rent Collection
12 May 2016 | 65 replies
When I tried to go after their money they declared bankruptcy!
Colin O'Neill
Brandy-new Real Estate Investor from Lowell, Massachusetts
14 March 2016 | 22 replies
My biggest fear is being able to get financing, as I had to file bankruptcy a few years ago due to a failed business (which in itself makes me gun-shy, too...).
Account Closed
Ex is still in house after foreclosure and doesn't want to leave
5 February 2016 | 8 replies
Glad the bankruptcy firms didn't talk her in to filling a bankruptcy I know for a fact they were sending her letters to use their service.
Dan Acampora
My First Deal
17 February 2016 | 5 replies
Then about 2 years later they started getting behind on our mortgage, then we found out they were behind in the first mortgage as well...long story short, we had to foreclose on the note we held and pay the first to keep them from foreclosing a senior lien first...the day of the sale at auction, we were served with a notice that they had filed for bankruptcy, which stayed the sale and the auction was voided.After getting an education in foreclosure, I now had to learn about bankruptcy.Since we were now living in another state, we had an attorney handling it all - I was never comfortable leaving things to other people, especially when we had a lot to lose.
Account Closed
Finding owner driving for dollars/tax lien foreclosure
6 February 2016 | 12 replies
...BK = bankruptcy
Michael Penny
Buying a House Before It is Foeclosed
30 April 2016 | 3 replies
Might need the advice of a bankruptcy attorney to solve this one :) Sounds like a complex one... but find out if seller already filed for bankruptcy and what type (7 or 13) or is he just in talks with a lawyer.
Kris Haskins
Will Trump make things better for real estate investors?
8 February 2016 | 9 replies
Maybe he will make it so there's no waiting period to buy more real estate using a conventional mortgage following a bk, so we can all get in on how he's been doing it for decades. 1) Form Chris M #1 LLC.2) Buy investment property. 3) Turns out it was a lemon.4) Chris M #1 LLC declares bankruptcy, debt is discharged.5) Form Chris M #2 LLC.6) Buy another home.7) ???