It’s probably wrong for us to laugh at people who lack some knowledge - but why would anyone invest in something they don’t even have a basic understanding of? Here’s the 5 most clueless note investors I’ve run acros...
I sold/financed a house in NC in 2011. The buyers never made a payment on time and when they got several payments behind, my attorney sent them a foreclosure notice. They filed for ch 13 bankruptcy.
The DOT states t...
Based on the last month's job gains, the historically high credit and housing debt, the trade wars, and housing prices in Boston it looks like a small recession is coming. I want to get a HELOC but I don't want to be ...
Has anyone ever offered a tenant who is behind in rent and has filed for bankruptcy cash-for-keys to get them out?We have a property in Memphis that is being managed by a property manager. The tenant paid May rent, bu...
Just wondering if anyone out there knows what to do when your seller goes out of business, specifically files for BK and you need additional transfer docs or re-executed assignments? This has happened to a pretty esta...
So, I recently ran a background/credit check on an interested tenant. BP Smartmoves recommends to decline this tenant, but on their payment history, they've literally never missed one payment. However, their partner's...
So I was getting ready to leave on vacation for two weeks (Alaska) when I get a letter from the Chapter 13 Bankruptcy Trustee. One of my tenants that has been a renter for more than 2 years recently filed.
I tried ...
I am very skeptical about this NPN in BK13. First off it was originated in 2006 and assigned from MERS as the nominee. I see evidence tht note was sold in pool during the time of mortgage back securities. Secondly sel...
Hey guys,
Been getting some leads for deals where the owner has filed Chapter 7 Bankruptcy. Anybody have experience in this area? Is it possible to earn a fee wholesaling these types of deals (double close/assign)?
Been working on my credit for close to 2 years now. With covid, and work changes I got buried in credit card debt and behind on bills. Now my credit debt is gone, and paid off auto loans. Just got accepted for my firs...