What would happen if after you buy a NPN, the borrower decides to file for bankruptcy? What happens to you as the note holder? I assume if the borrower throws the property into the bankruptcy that it would go to th...

Recently found a home in a nice neighborhood that appears to be abandoned with nuisance notices on the door. After a lot of digging, found an ongoing case through casenet between the owner of the property and a debt c...

Hi: Together, my wife and I own and manage three rental properties - a house, a condo and a duplex. We (belatedly) are in the process of forming an LLC, but we've heard competing advice. On one hand, we've heard that ...

Want to see if anyone has ideas on how to go about this situation. My friend partnered with another investor in a 50/50 deal where they invested into building a new property. Now the construction is almost done but th...

I'm looking for help from the crowd on this one.I'm putting together a blog post with a checklist that a creditor/lender should follow in case their borrower files a Chapter 13 bankruptcy petition. The purpose is to p...

Asset partitioning may be thought of as two types - affirmative and defensive.
In defensive asset partitioning, the personal assets of the firm owners are shielded from the creditors of the firm.
This is generally t...

Hi BP Community,
I need help with a lead I'm currently working on. Any advice or guidance will be appreciated. 
Details:
Owner (mother) on title is deceased.Daughter wants to save the property from selling at tax a...

Just won contract on single family rental..   Do I use a home  equity line of credit that I have on another rental at 6%  or do I use my  saving earning 1.75%? I own my two other single family rentals  free and clear ...

When renting my properties, I have prospective tenants claiming their felt being discriminated aagainst because they were declined due to their credit score or income. Though I am free from such complaints since it's ...