I have gone thru a recent bankruptcy and a foreclosure 2 years ago, what options do I have in getting into small duplex rental investments and working my way up to larger multi- family in the future?
What can I be ...
Hi everyone, so this question might come across a little strange, so I thought I would first give some background information. So as things go, my little fix and flip business is starting to grow and I am starting ...
I have a 10 unit, laundry mat and car wash combo under contract. It's 100% occupied and the extras are functional. It was built in 2007. They have not produced any financials and the realtor is not sure they will. La...
A friend of a friend filed bankruptcy over 3 years ago. The house was forclosed and he moved out of the house. The bank that forclosed also filed bankruptcy and was taken over by another bank. Supposedly, THAT bank...
I've been reading the forums for a while, but never posted. My in-laws told me about a situation they are going through and this was the first place I thought to post to seek advice. I just heard about this this morni...
Hey guys, need some input on an interesting property. Here's the nitty gritty:3/2.5 Townhouse$70k List$60k Market ValueApprox $18k Reno$125K ARV(Side note, sold in 2009 for $142K, sold at foreclosure auctions 4 month...
Hi BP! As I’m going through the process of purchasing a multi +5 units under an LLC and obtaining a mortgage, according to lender building qualifies for mortgage not myself and a personal guarantee would be needed. Wo...
Hello, I have an applicant that recently filed for bankruptcy due to a divorce. Is it wise to rent to a tenant like this? They are a former police officer and a manager for a local Security Firm, so that seems comfort...
I need to know if I make a substantial personal loan to someone, is there any way to make the loan bankruptcy free? Meaning, is there any way to legally word, etc the loan so that even if the borrower went bankrupt, ...
What happens when a condo HOA goes bankrupt