Andy Mirza
Help with Checklist for BK 13 Filing
I'm looking for help from the crowd on this one.I'm putting together a blog post with a checklist that a creditor/lender should follow in case their borrower files a Chapter 13 bankruptcy petition. The purpose is to p...
Sherwin Vargas
What should i do with money
looking for advice, posted something similar in reddit personal finance and got no help and a ton of judgement Me and my brothers have about 95k to split from our father, his kind of get started in life money. Me and ...
Tricia Lindsay
2nd TD in Cronic chapter 13 BK-Balloon Due
I made a 2nd lien here in Los Angeles, CA in May 2008, Owner Occupied. The borrowers had sufficient income to qualify and lots of equity. One source of income was from a rental duplex, which they cashed out on 3 wee...
Will Kirkendoll
foreclosure and bankruptcy question
hello BP. I got a list of foreclosures from the court and I'm going through it. I came across one that's being foreclosed on but the owner filed chapter 7 bankruptcy. Now the lender is coming after property because th...
Benjamin Rosemont
Renegotiating a Property with a Tax Lien Post-Inspection
My wife and I have an accepted offer on a house with an income tax lien. The offer is contingent on the inspections and the release of the lien. We haven't performed any inspections, because we are concerned the prope...
Michael Glaser
SBA EIDL Loan Terms | Is It Worth It For $25K+?
Thought the EIDL contract terms for those approved needed its own thread.I was approved and I'm at the signature stage of a loan above $25K. I understand the collateral, but the Requirements for Relative Collateral ar...
Justin Sumulong
Can leasing agents share credit reports with landlord/owners?
Hello, I am working with an agent who would then be my property manager to find a tenant for a property I own in NW Indiana. She found potential tenants but told me she could only share their credit score with me bu...
Tommy Pitts
When using buy rehab rent and refi can it be done with bad credit
This may be dumb but if using the brrr strategy when going to get it refinaced can you get it done with a bad credit score thank you for your time I am new to this and any info would be great
Alexandra Huang
Backed out of an offer as a buyer, lender says they need to pull
We're in the process of buying our very first home. It's residential only. We had put an offer on a house, had an inspection done, and essentially decided to back out of the house due to the results of inspection. ...
Alyssa Paros
What credit score do you use as a qualification?
We own in a triplex where the rent is $500-600/mo. Should we stick the standard in The Book on Managing Rental Properties? What credit score do you use as the qualification threshold?