I just got my very first application! This lady meets our minimum qualifying standards, including income and credit score. But when I'm looking at her notes it lists bankruptcy. I'm so confused! Can you have good cred...

Hello!This is my first post here. I'm excited to be apart of this community of knowledgeable individuals. Because of medical reasons I was forced to file bankruptcy to get rid of my medical bills in collections that w...

Hello everyone, I'm new on here and looking for some help. I have a current tenant who wants to add her boyfriend to the lease. So I took his application and he said that he had never filed bankruptcy. But, when I did...

I made a 2nd lien here in Los Angeles, CA in May 2008, Owner Occupied.  The borrowers had sufficient income to qualify and lots of equity.  One source of income was from a rental duplex, which they cashed out on 3 wee...

I have a meeting with a very motivated seller on Thursday who filed for bankruptcy in January.  Before I can analyze this deal I feel like I need more info, and need authorization to talk to seller's lender and BK tru...

Can anybody elaborate on how exactly a banktruptcy slows down the foreclosure process and delays the trustee's sale? I understand that I would need to consult an attorney to obtain guaranteed advice...but any general...

Assuming a prospective tenant has shining references from previous landlord, over sufficient income for rent, but bad credit (following divorce, etc.) and possibly considering bankruptcy to begin rebuilding credit, wh...

Hi everyone. Let's assume that a property owned by an estate is in foreclosure and interested in stopping it. I'm aware that an estate cannot file a chapter 13 bankruptcy. My understanding is that only heirs of an es...

Hello, I have an applicant that recently filed for bankruptcy due to a divorce. Is it wise to rent to a tenant like this? They are a former police officer and a manager for a local Security Firm, so that seems comfort...

My tenants are asking for a 4-month lease extension but I suspect they are filing for bankruptcy since they have a bankruptcy lawyer contacting me asking for the lease extension.  The current lease will expire end of ...