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What generally happens when buying a note in bankruptcy? Do you, as the new note owner, still have rights to collect on the debt? Does the property usually get foreclosed on?
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I had a chapter 7 bankruptcy discharged in October. My credit since then has been good, but obviously the bk is very recent. I have a very lucrative business opportunity that requires land but I will not be able to ge...
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Aloha from Honolulu! Excited to finally be posting on this forum....My partners and I recently got a property under contract, structuring as a sub-to wholesale, which would be first for us. Already found a buyer (wo...
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Ok, this is whats happening. I got a owner to agree to owner finance a property, in which i want to immediately rent out to a section 8 tenant. Everything was going smooth, we agreed on a 110,000 sell price with 10,00...
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Is it legal to charge more rent from an individual who has had a recent bankruptcy, eviction or a low credit score? I have searched the net in search of an answer but have not been successful and was wondering if the...
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I live in SW Florida where I owe $335,000 for a house surrounded by homes forecloure specialists are enjoying profits from selling at $125,000 (in much better condition than mine), and at least another thousand brand ...
Hi, I'm currently operating 7 properties all financed through conventional loans without an LLC. I'm considering an LLC this year for the 20% tax bracket for pass throughs from the new tax law. I plan on moving my fin...
My wife and I would like to buy our first home together and have it renovated to our liking. We would also like to invest in real estate as soon as possible. However, we had filed chapter 7 bankruptcy and August wil...
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I was trying to get a HAMP for about a year. Just before I was to get a modification finalized the bank said they were "out of time" to make a decision and they were going to sell my home on the Court ...
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I won a judgment for my tenant to move out in 7 days. well on the 7th day they filed chapter 7 and letting me know that they have 30 days to stay and not to harass them. I am not wanting any money from them , which is...