Hello: I've read that one risk of buying properties "subject-to" is that the seller/mortgage holder may file for bankruptcy, and the home can then be foreclosed upon. However, if the buyer is paying the mortgag...
Hello Bigger Pockets community!So I'm in the process of vetting tenants for my Baltimore rental. Here's the scenario - military applicant with 6x rent in verifiable income, no evictions, no criminal record, decent cr...
I was a tenant where the property manager did not inform me that the house I was renting went into foreclosure. I asked on several occasions for my security deposit to be returned. I filed a small claims suit against ...
Hi everyone. Let's assume that a property owned by an estate is in foreclosure and interested in stopping it. I'm aware that an estate cannot file a chapter 13 bankruptcy. My understanding is that only heirs of an es...
I have a property that we are about to put under contract (wholesale) the homeowner is in preforeclosure but somehow still apparently wealthy. and doesnt care about the house. Assuming that the homeowner would just go...
I am having problems with a past bankruptcy, what are some of the ways that you have repaired your financial record post-bankruptcy?
Have a possible tenant that has a recent bankruptcy and foreclosure due to previous health issues. Only negatives on his credit. Has a nice income and can pay deposit first and last months rent. Who else here would ta...
We had two rental properties with a management company in Texas. We found out, after they closed their doors, that they were closing. They owed us security deposits and rent totaling over $5,000. We got a promissory n...
Has anyone had experience with bankruptcy? My husband and I are considering it after meeting with a debt management counselor that recommended it. We are trying to do everything possible to prevent this option, but th...
Hello BP family,We filed for eviction court (tenants past due in rent) and the hearing was supposed to be today. However, I received mail two hours before court regarding a notice to reset/possible dismissal with a ne...