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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)?
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I see a lot of new investors on BP and I wanted to share this story of a very prominent investor, hard money lender, developer, well known in the community that filed for bankruptcy during the financial crisis. He was...
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Does anyone know the legal implications of buying a house from an owner who has filed Chapter 13 bankruptcy and the bankruptcy is still active?Would the seller be able to transfer title to the subject to buyer?What ha...
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Lets say I have a property that I would still like to own after filing Chapter 7. Is there any reason I can't:Sell the property to another real estate investorUse the money for things like property taxes on my exempt ...
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I am approaching a multi unit that has been approved for chapter 11. Is the current owner allowed to accept an offer lower than the total debts?Simplified example:10 unit property with $1mil in debt. $800K is from a s...
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im trying to find d a lender on an investment property with low LTV in Fayetteville NC im trying to do a Heloc or rehab loan does anyone have any advise
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I received a letter in the mail today indicating that my tenants have filed for chapter 13 bankruptcy. The one year lease ends at the end of April but in previous discussions with tenants they indicated that they woul...
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Hey Guys! My family and I have taken the leap to move to Louisburg, NC! I posted a while back asking if it was worth it or not and after BP community responses, research and friends that live in the surrounding area w...
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I'm wondering if anyone can help me with this question. Filed chapter seven last year, included the house (surrendered) and was discharged Nov. 2017. Am presently living here saving money for next home, and because I...