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...
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...
So, this is my first post on bigger pockets. I just recently became a member. If I have done something wrong, please let me know!I know there are some old posts out there on this topic, but I wanted to reach out again...
Hi Folks,I have placed an offer on a property over 6 months ago. It has been accepted by the seller who owns the home but does not live in it. He is working with an attorney on negotiating this short sale with the ...
Hi All!
I have been trying to buy this certain property at the Chester County Pa foreclosure auction for 4 months(always stayed). This last time it was stayed due to bankruptcy.
The house has been vacant for over a ...
Im looking service that will tell me the foreclosure and bankrupty history of a borrower in addition to the standard criminal, job history.Anybody have a service to suggest?Thank you
Quick and simple. 10 months ill be able to go for an FHA. I want to acquire a dup,tri,quadplex.I already know ill be able to get pre approval due to building my self back up properly after the BR so assuming i can get...
Hi,I'm looking into purchasing a second lien note where the borrower is in Ch. 13 bankruptcy. There's $80K in arrears and $100K principal owed. The seller of the note is asking for $85K. Under Ch. 13, the borrower w...
The bankruptcy court has a waiver to sign when you do not have the funds to proceed with the bankruptcy filings and other documents. When the documents was observed it says that it is a form of pauperism. Which I woul...
I'm not aware of the laws in Florida and I'm looking for advice from experienced investors in the area.1. If you buy a property and the foreclosure lien is 10k, and you buy it for 20k, do lien holders still have a rig...