I'm working with a family to purchase their property before they go to sheriffs sale. The price will be what ever is owed because they are also in bankruptcy. The catch is the second mortgage on the property. Accordin...
Is it possible to file for BK 7 and still keep any rental properties if that is your only source of income? Won't qualify for chapter 13 due to excessive debt and chapter 11 is too expensive. :roll:
Hey guys!I have some issues with a scenario I'm in and I was hoping to get some insight! My wife and I have been looking for our personal house for the past year or so, and we've made a few offers only to have them be...
As a cash buyer, Would you buy a house with a tenant that has just filed for bankruptcy?The tenant is also 3 months behind on rent.The property is in Clayton County, GA.The current owner cannot evict the tenant becaus...
We had two rental properties with a management company in Texas. We found out, after they closed their doors, that they were closing. They owed us security deposits and rent totaling over $5,000. We got a promissory n...
I am reviewing a listing in the MLS and it contains this statement:"Subject to bankruptcy court approval. Trustee's deed and sold as is where is."What is a trustee's deed and what impact would it have on me purchasing...
Hey folks here is a question for you!
Can you think of one REALLY GOOD reason why the home owner would want to sell the property via short sale after filing BK? I will have to convince the home owner's bk attorney t...
Hey everyone, Bare with me for this long story... I just want to see what is possible and not possible with buying this home.I am currently in a negotiation with a previous homeowner who still has his name on the deed...
Hello, I'm at a loss and hoping somebody on here could possibly help in relation to refinancing multi units out of private money, short-term loans, or short term seller finance into longer term notes and to pull equit...