I am interested to know has anyone started investing in real estate during a bankruptcy? Is this possible. Looking for advice.
Does anyone have any idea on how they’re getting around debt to income ratios restrictions when they’re ready to acquire their 7th or 8 th property? I’ve thought about transferring the loans in my wife’s name so I cou...
Hi Bps, Well, I found a distressed seller through my off-MLS search. Any tips are appreciated. I know I need a lawyer. The seller is offering teh property through Deedclaim Quit transaction. He claimed bankcruptcy ...
I have a co-tenant leased my property. One of them moved out and filed bankruptcy chapter 7 months ago without noticing, the other one still occupied and been paying monthly rent on-time.
Should I terminate the leas...
Would like to learn how a personal guarantor is compensated for taking the risk. Sponsor just purchased a land to build an apartment. Sponsor is in the process of set up an LLC with multiple members put in equity mone...
Hello.
There are so so many Tenant Screening Services!
Not sure which one to use.....
Which is the best, and or most, comprehensive service out there?
Hello,
I am fairly new to BP. The main question I have is about searching public records before getting too invested in a property such as a Foreclosure. I have read a lot of information on why we should util...
Hey BP. I have been contemplating on whether or not to post. But if anyone can help, I'll probably find it on this form.I won't go into too much detail, but will paint general picture. Myself and partners invested a s...
Here is a current link to issues of deeds given for the cancellation of debt. While it is written for legal eagles, I suggest you read it carefully as to federal case laws cited and the issues faced in lending.
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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...