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Does anyone have experience with a NP 2nd on an investment property which is part of a BK Chapter 11? I'm familiar with all the note education concerning BK 7&13, but I haven't come across 11. I've already learned...
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Often, I come across houses where the owner filed bankruptcy if it is recent or even 6+ years prior. I understand the bankruptcy addresses the mortgage but according to the state records they are still the owner of t...
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Hi we have a few Judgements from evictions in Los Angeles that are a few years old (here judgement last 10 years and can be renewed again for another 10 years). Here the rents are high and evictions can take months s...
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I have a couple questions about what I can charge the tenant for. As I stated in a previous post I'm still learning because this is my first time dealing with a tenantt leaving me with a mess. Repairs are costing us m...
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Looking into Tax Sale Properties but are a little confused on the rules. Some Counties state that the ex owners have a 1-2 year redemption period after the sale. What exactly does that mean when it comes to using the ...
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I just purchased a 1st position NPL on a home in Oklahoma and found out from FCI's bankruptcy specialist that the borrower had a Chapter 7 bankruptcy in 2009 which was discharged in 2012 but not yet closed. This was n...
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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 ...
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Hello, I have been seeing increasing opportunities recently to bid on non performing notes on commercial properties that banks are trying to offload.These notes usually have the following characteristics:The note has ...
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I couldn't believe it... I won a judgement against a pair of professional squatters in excess of $8,000 five years ago... Of course the squatters filed for bankruptcy right after my judgement was awarded. That was the...
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This is a legal question so anyone in NJ that know please advise.
Friend claimed Chapter 7 in 2007, it was discharged in 2008. One of the properties listed was never taken back by America servicing. They still send a ...