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I am analyzing a duplex near Seattle where the owners are in Bankruptcy (not sure if chapter 7 or 13?) for multiple properties over $1.6 million in back taxes....Of course I will consult an attorney - but before I do ...
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How is the process the process for financing a home that is currently going through bankruptcy. I’m looking to buy a home rn to live in and my market is absolutely insane rn people gettting 10-20k over asking and I’m ...
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Hi everyone. I'm in the process of picking up a property that was in tax foreclosure before the sellers filed bankruptcy. The seller's attorney has put forth a request to the court to allow us to buy the property and ...
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Hello Everyone!I am seeking some advice from the collective knowledge of BiggerPockets!Here's the situation. I found a commercial property that I want. Amazing deal. I spoke to the owner directly today. He used th...
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As I educate myself on Notes, I would love to know what are some of the strategies and due diligence requirements when looking at 2nd Lien NPN and chapter 7.Here is an example:Sale Price: $8kUPB: $100KProperty Value: ...
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Looking for advise on rent to own after bankruptcy. I don't know where to start. Tooooo many scammers advertising---buy houses for pennies on the dollar---etc and they want to sell you a list!!!! Im also hearing about...
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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?
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I’m hoping a bankruptcy attorney can provide me some advice, this is all hypothetical and my rentals are doing just fine. Let’s say I own 1 rental, title is held in my name and loan is in my name only. My wife owns a ...
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Just curious-- my checkbook controlled LLC owned by the IRAs of multiple family members acquired a rental property in WA state which is in forclosure. The former owner and signor on the loan gave it to our LLC via qui...
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Hi All. I'm accustomed to purchasing properties post-bankruptcy. But I don't think I ever made an offer on one where the owner recently filed BK (a couple of days ago) and it's still active.I do understand that the Tr...