What are your thoughts to renting to a tenant who went under Chapter 13 bankruptcy? Tenant that applied has a very low credit score of 545 and is under Chapter 13 bankruptcy. Credit check reported bankruptcy on ...
Hello: I've read that one risk of buying properties "subject-to" is that the seller/mortgage holder may file for bankruptcy, and the home can then be foreclosed upon. However, if the buyer is paying the mortgag...
Help! Small investor here with 4 properties. 13 years ago we had a ch7 bankruptcy which included a house. That house was foreclosed on in 2018. Yes 8 years later. Since that time we have bought 4 rentals. Problem is ...
Hello everybody.. my name is Mark and although I've been a member on Bigger Pockets, this is the first time posting something. I started my real estate business back in 2014 and had minimum traction. I had some person...
Hello, I'm trying to structure a deal on 4 duplexes, but the seller is in chapter 11 bankruptcy. My original offer was to take the loans subject to and pay the small balance in cash. The seller said his bankruptcy att...
My tenant claimed bankruptcy for back rent on may 12th. By law I believe she has to pay June rent. I applied for a stay with the bankruptcy court which will be heard on June 11th. There is an eviction hearing pendi...
Hi, I am an investor in Tampa, Florida (Hillsborough County) and I recently won a property at auction. You initially deposit a non refundable 5% prior to auction, and than pay the 95% within 24 hours. Here is the situ...
A property that I'm thinking of putting an offer has an Addendum that lists:
"Buyer acknowledges that this property is subject to Short Sale Lender and Bankruptcy Court Approval."
"Buyer will pay a $5,000 Bankr...
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...
This is AWESOME! You guys are going to love this.I applied at Bank of America (mistake 1) for a HELOC. I liked the option of interest only and a 10 year draw, etc. It makes for a cheap ability to keep money moving ...