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Acquaintance announced he was getting a divorce and selling everything at a yard sale. Asked him what he was doing with the property and he said he was going to let the bank repossess because if he sold it he would ha...
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I'd like to talk about getting financing for a primary residence when the borrower has declared chapter 11 bankruptcy on a business.FNMA FNMC guidelines are such that a borrower must wait 2 years from the BK to get an...
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Outside of the carve outs in loans (fraud, etc), for non-recourse debt what other risk factors are there for a KP?
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Can anyone direct me to a good strategy to contact owners of homes facing foreclosure in order to buy the property before it goes to the sheriffs sale? Has anyone used letter or post cards or a letter on the door with...
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Hello everyone, Brad here. I am brand new to investing as I am starting out as a wholesaler. I have a business partner lined up for when we make our first deal. After that we will partner up to focus mostly on LTR's ...
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Background: Working with a couple who's house is up for foreclosure on July 6th. They filed bankruptcy and cannot afford the huge payment with the house. The house has been released from the bankruptcy. I estimate...
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Investment Info:
Single-family residence buy & hold investment in Bellamy.
Bankruptcy purchase
What made you interested in investing in this type of deal?
Passive Income
How did you fi...
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Hello, I recently purchased a property and right across the street is what seems to be a vacant property in a developing neighborhood. After a little research, I found that the property is in foreclosure under chapter...
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I don't have much experience with tenant screening but I came across something today that I can't figure out.I pulled a credit report from TransUnion / SmartMove on a potential tenant. They recommend that I accept th...
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I PM just recently just evicted a tenant that has not paid rent for over 6 months and have damages to the property that could be in the range of 6-7K. I am asking if I should have the PM try to collect from tenant thr...