Nathan Gesner
Book review: Wealth Can't Wait by David Osborn
I learned about this book through Podcast 226. It was one of my favorite podcasts and I wrote a nice review of it and then immediately jumped to Amazon to buy his book.Saying I was disappointed would be an understatem...
Paul Murch
Outs on a Chap. 7 non-performing 2nd?
Non-performing 2nd available with equity, but both the 1st and 2nd were discharged in Chapter 7 bankruptcy a few years ago. What options would I have if I bought the 2nd?
Justin Potter
FHA
I am looking to purchase my first investment property (multi-family) through an FHA loan. I have the credit score, 3.5%, work history, and income. My only delay is that I have a charge off on my credit report. I cosig...
Jon Fletcher
BlockFi Bankruptcy Filing
Does anyone else have assets locked up in BlockFi? I can't withdraw my tokens. What exactly does Chapter 11 Reorganization mean?
Account Closed
Purchased Foreclosed Home at Auction - Bankruptcy Stay Added
Hi Everyone,
I bought a property at foreclosure auction (association foreclosure) about 3 days ago in Miami-Dade county. Today I see there is an Order Case Pending Bankruptcy Stay. I noticed there was a Suggestion o...
Cheyenne Davis
Conventional or FHA Mortgage after BK w/foreclosure Question
I need some input from mortgage pros :) I've run into this situation a couple times and haven't found a solid answer. Here's the scenario...We have a married couple who's interested in purchasing one of our houses. Th...
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Liability Coverage on Rentals
My wife and I have accumulated four rental properties and hope to acquire many more in the future. I've been giving conflicting advice on liability coverage. Some have advised to form a LLC. Others have recommende...
Joseph Widen
Bankruptcy and a very complicated Mortgage question
CONTEXT-(30k in credit card debt, split between 4 cards, mostly in charged off status)
(one vehicle loan that was charged off, is now caught up to current, not paid off, 50k original loan amount)
(some card companie...
Paul Murch
Can you reverse a stripped mortgage?
A 2nd Mortgage, for which I hold the Deed of Trust, was stripped during Ch. 13 bankruptcy in 2013. The value of the home was approximately the balance of the 1st mortgage at the time, so the court had no problem strip...
Shaun Kackert
Getting started, have cash and bad credit
I have been reading this site for a few months now. Due to a lawsuit I will be coming into about 800-840k. I want to make sure that I don't blow the money and I'm trying to get into real estate investment. I filed ban...