Matt Pfefferlen
Bankruptcy - Stopped Foreclosure
Hi- I am interested in buying a house at a foreclosure auction. The process was stopped by a foreclosure filing. The person filing BK did not submit their documents within 14 days and the 341 meeting was supposed to...
Kyle Scofield
House Hacking in College
A couple questions about house hacking in college with friends:1) Should I tell them I'm their landlord even though they live in the same house with me and I am their friend?2) When applying for an FHA 203k loan, will...
Sally Pearson
Properly Establishing an Intrafamily Loan?
Hello! I am doing an intrafamily loan with my father for a home purchase in DC and need to make sure it is viewed as a creditor-debtor relationship to the IRS so he doesn't get a gift/inheritance tax. To my understand...
Christopher Winkler
2 Year Chapter 13 Timeframes
In evaluating non-performing 2nd liens for purchase, recently I have seen two Chapter 13 bankruptcies discharged in only 2 years. While I am not an attorney, I thought they were 5 year plans. Any attorneys here that m...
Gary Dezoysa
Note buying with (very) bad credit
Hi guys,I had a business that went under with heavy debts, some of them personal. I was unable to go the bankruptcy route and now have judgments against me from creditors. If/when I rebuild financially I was wondering...
Candace Ellison
Am I in violation of automatic stay?
The PM company was awarded a judgement against a former tenant. The Pm later went out of business. I then filed a motion to substitute party so I could collect from the tenant. The tenant was notified of my filing, fa...
Jeff Derus
Back due rent after eviction
Can someone give me advice on the issue of collecting arrears after an eviction. Can this be done, is there a time line in which to do this, do you need a lawyer, are there company's that help with these issues, how d...
PJ Booth
Refi dilemma on my BRRRR
Hi Everyone, I'd like some input. I have a BRRRR (SFH converted to 2 almost-everything-new units) in DC that has taken a year to renovate. Spring 2021 initial numbers were run expecting 9 months carrying cost, lower r...
Jason Salaz
Is it bad to help those that need it?
I want to know this: If I were to go to a foreclosure, and the tenant was still there, what would you do? I want to help people get themselves out of debt, or at least into something manageable for their income stre...
Jason Sung
First self storage unit facility investment - Good deal or not?
I am new to self storage investment and educating myself about self-storage investment. I found a property that interests me. Not sure if this is a good deal or not.It has 30 units and 2021 NOI of 37K. The list price ...