If you already have the judgement you can turn it over to a collector.

We normally do not seek judgement due to the expense that is involved, even after you win you have to continue to renew the judgement every year.We put them in collections and have it hit all three credit bureaus.

On the first property, we sued and won a judgement of over $6,000 but I have not seen a penny and it's been over 18 months since the judgement.

We do not use the credit score, we use the information on the credit report to gauge how long they have lived at addresses and what kind of judgements they have.

Seems to be there was a bad judgement on the rehab from all parties.

Because, the lender is entitled to know what risk they are taking with their money.That being said, on seller financing, if someone gets sued and loses, the lien/judgement can be filed at the county, (it's not automatic, someone has to prepare and send the paperwork) which the bureaus will pick it up on producing a credit report.

They they get a big fat default judgement against you. 

I tied up $65k of my investment money for 3 years and sold a property after a judgement for a 5.8% return.

@John Friendas Without knowing the expenses and costs associated with it I can’t make an educated judgement.

Especially if you have good lawyers on retainer or you’re starting with nothing and really don’t have anything to lose in the case of a judgement.