I ran into a motivated seller, he is in chap 13 and wants to sell his house. The amount due to the bank is about 200k and is about 30k behind. It is not in foreclosure proceedings yet because of the bankruptcy . Am af...
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So I was getting ready to leave on vacation for two weeks (Alaska) when I get a letter from the Chapter 13 Bankruptcy Trustee. One of my tenants that has been a renter for more than 2 years recently filed.
I tried ...
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I am looking into purchasing a mobile home park and the seller is willing to owner finance. The property is under his LLC. The LLC recently filed for Chapter 11 bankruptcy according to the BBB. Seller has not mentione...
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So I missed this discussion area when I first signed up to BiggerPockets! My bad... :DMy name is Andy. I'm currently located in Orange County after devoting 10 years to being in the Army. I've been out for about a yea...
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I have a question regarding tenant's bankruptcy. I received a noticed from the US Bankruptcy Court that one of my tenants file for bankruptcy on the 1s of this month. Prior to this, he had told me that he was going to...
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Is it possible to file for BK 7 and still keep any rental properties if that is your only source of income? Won't qualify for chapter 13 due to excessive debt and chapter 11 is too expensive. :roll:
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Currently my wife and I are in chapter 13 and have been for almost 2 years. Around springtime we will be switching to chapter 7. As I understand the FHA, there is a 2 year waiting period before they will consider the...
I am looking for recommendations for an attorney in the Houston area to help with an eviction. I own a small commercial building and have a tenant who cannot pay his rent. I have never been thru this and would like ...
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Long story short: Closed up electrical business and filed chapter 13 last fall, and went back to work for THE MAN. I believe we may have enough equity in our house to get a HELOC and pay off the BK. I've read it's pos...
So I've just read chapter two of the "Ultimate Beginners Guide To REI". The one concerning education. So here's my question:How educated should I be before I start investing? I have a book called "Principles Of Real E...