Fellow Note Investors,I am reviewing the Chap 13 BK filing and plan in Pacer on a 2nd mortgage that is 100% secured. The Chapter 13 plan calls for the arrearages to be repaid over 60 months, but does not include the ...
Howdy
I am looking to invest with 2 family members. As we want to limit our liability we are looking to incorporate. What would someone recommend S Corp? a regular corp? We are looking to purchase 2 or more bldgs. D...
Does anyone know of good sites, contacts for commercial bankruptcy auctions of real estate?
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 ...
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 ...
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...
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: ...
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...
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?
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 ...