Luke Scheffert
Financing with recent bankruptcy
I did a chapter 7 bankruptcy about 2-years ago. Really wanting to turn my financial life around starting with low-cost real estate deals. Currently I have about $20,000 in savings and am looking at (rural) homes in ...
Mang Xa
Bankruptcy Inquiry to Prospects
I’m new in leasing here. Would like to ask if you inquire about Bankruptcy record from prospects, or you make the same decision on applications regardless of what type of bankruptcy it is.
Nehemiah Smith
Bankruptcy Chapter 13 Property
So I have a home owner that was referred to me by a previous client I helped earlier this year; She wants to sell her house. However, she has filed for Chapter 13 bankruptcy. Although I have a bit of knowledge working...
Lisa T.
Autumn Property Mgmt Bankruptcy
Received notice in mail yesterday that Autumn Property Management has filed bankruptcy.We were contracted with her for less than 60 days after Strategy Properties dumped all their clients over to her without permissio...
David Hite
Buying Notes in Bankruptcy
Good morning everyone! I am reviewing a tape, and there are a handful of "performing" notes that are in active BK. the tape doesn't state if its a chapter 7, 13 or how far into the process they are. Over the last 6...
Account Closed
When to File Bankruptcy?
I never thought I’d be in this position, but here I am.
So, I have a few rental properties, but the utilities, taxes, and insurance were all triple the amount forecasted. Over this winter, the utilities drained my a...
Melvin List
Foreclosure included in Bankruptcy!
Have you run into this scenario were Fannie and Freddie have denied a mortgage because the foreclosure took forever to change hands after a bankruptcy? You should be able to go off of your Bankruptcy date but the cre...
Doug Bennett
Bankruptcy and Lease Option
Should I market to newly filed BK's for lease option on their property or should be a regular purchase down the line? Is this a bad idea?
Joseph Tarallo
Buying a bankruptcy property ...
I am interested in buying a property where the numbers work really well. The realtor said they are representing the bankruptcy court in this property. It is not a short sale nor a foreclosure so things should go a...
Matt Pfefferlen
Bankruptcy Automatic Stay - Foreclosure
I am looking at buying a foreclosure at a trustee sale. The homeowner has filed bankruptcy twice in the last 6 months. As I understand it there would be no automatic stay if they file for a 3rd time in a year. Is t...