Bankruptcy Deal
I found a property the sellers dont want and they have filed banckruptcy. There is a large second and small first.
I have never done a bankruptcy deal.. how do you structure deal and best way to approach for easy refinancing or purchase. Would like to keep my out of pocket cash to a minimum structuring deal.
you can do a short sale, w the courts permission..I am assuming there are other judgment liens.
if the only liens are the 2 mortgages then you can have your sellers withdraw their petition, and then pursue a short sale, if its warranted..