Kevin O'Brien
Bullet holes in rental
On Wednesday evening I get a text from one of my favorite tenants up until now that there's some cracking in some of the drywall in the ceiling. No big deal as long as there's no damage to the roof I think, as this is...
Samuel Ksiazkieicz
80/20 Mortgages...both by same bank? Options?
Hey yall, Ive come upon a few 80/20 loans that were written by the same bank and was wondering if there is any different way of dealing with them. Seems to me they would have to go as a normal short, but I wasnt sure...
Account Closed
Federal IRS Tax Liens versus County Property Tax Lien
I could use some advice/info on a Federal Tax Lien versus a County Tax Lien.Frame of reference - I'm in Dane County, Wisconsin.I got the house under contract. I was aware of a County Tax Lien on the property of about ...
Wendy W.
Credit report
I had to file bankruptcy and foreclosure in 2009. The foreclosure was discharged with the bankruptcy. But on my credit report it lists "foreclosure.". My BK attorney says that is an error, that that word should not ...
Ryan W.
Impact of bankruptcy on foreclosure with equity
If an owner with equity files for bankruptcy (BK), can exempt their equity from the BK estate and gets a discharge of the mortgage debt, how (if at all) does that impact the ability to make a deal on the property befo...
Billy Trent III
In Bankruptcy, so i can't pull the Equity, what do I do?
im brand new to wholesaling, haven't bought, sold, or flipped anything. There's vacant homes in my area that i know can be rented out. My plan was to purchase the homes, get the equity out, fix and rent. But due to me...
Ace Noguera
Final Judgement Amount and What It Means To Me
Hello All,This is my first post here. Hopefully I've made it in the right place. I'm gathering as much information as I possibly can before continuing onto bidding at foreclosure auctions. One question I have is in re...
Jim Fell
Receiving Final Payment on First Private Loan with Mortgage
My first private loan has been a great success! I'm expecting to receive the final payment from my borrower--always on-time--in a few days. My question is, what now? I think the county Register of Deeds (Wisconsin)...
Brett Goldsmith
1st DOT Note Purchase / Foreclosure / IRS tax Liens
Hey BP!I'm in the process of buying a 1st DOT on a property that has fire damage. The property is riddled with multiple liens and has 75,000 in back due property taxes. It also has some government tax liens ( IRS ) in...
Frank S.
Is It Possible To Get A Mortgage After Chapter 7?
A friend would like to buy the townhome she has lived in for 10 years because the owners want to sell it immediately. Due to a divorce, she filed chapter 7 bankruptcy with a discharge date on March 14, 2017. Her credi...