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I'd like to talk about getting financing for a primary residence when the borrower has declared chapter 11 bankruptcy on a business.FNMA FNMC guidelines are such that a borrower must wait 2 years from the BK to get an...
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Outside of the carve outs in loans (fraud, etc), for non-recourse debt what other risk factors are there for a KP?
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Greetings to all in Bigger Pockets.
My name is Davin Wright and I'm from the DC/MD/VA area. I'm glad to be on this website and looking forward to getting alot of information from different people on the site.
I'm...
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Can someone tell me if a 2nd lien is stripped in a Chapter 13 bankruptcy, is the now unsecured debt still valid, and can a lien be placed on the person?
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I called my mortgage service provider today to get some information in regards to escrow/home owners insurance and they told me they couldn't speak to me because my property is in "bankruptcy". They claim they receive...
Looking to bid in a few days on a Primary Mortgage lien, it appears that there was an COA Lien which was filed with county on 11/22/22. Unclear if the lien has expired, and if surplus funds would go to the COA Acc...
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Hello everyone. I own 9 lower income rental properties which I bought 6 years ago. It turns out that low income properties are not the way to go and a long story short is that most if not all are under water and not...
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I filed chapter 7 bankruptcy 2 years ago. Since that time I reestablished credit with a score about 650. I also purchased my home cash. So I have full equity. My question is how long after bankruptcy will lenders star...
Hi, I'm currently operating 7 properties all financed through conventional loans without an LLC. I'm considering an LLC this year for the 20% tax bracket for pass throughs from the new tax law. I plan on moving my fin...
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I was recently told by my financial advisor that retirement accounts are lawsuit proof, does the same apply for a self directed account that is invested in real estate, or will the type of investment open you up to li...