There are many variations of using chapter7 and chapter 13 to remove debt but keep the primary home.While bankruptcy has federal rules, there are also state rules and above all, the court allows for lenders and borrowers to have considerable latitude in dealing with the problem, depending on what each side wants to accomplish.

It definitely present with its own set of challenges especially in certain C class areas where tenant turnover or rent collection can be tougher but if you're doing your due diligence on the specific street, rental comps, and crime rate, you can find solid, cashflowing deals.Class D tends to burn people, and Class A rarely makes sense unless you're playing a long appreciation game or have a different strategy.

@Collin Hays I am guessing what your seeing is the dynamics of the full math playing out. 

If you are just analyzing anything to crunch numbers, it's just like playing a video game.

I imagine Hard-$ came into play?     

Play with the BP calculator, use a hypothetical 1 million portfolio and see how that plays out over 10,20, 30 years.If you want cash flow, buy or start a business.

All of these things come into play and now your camera is off line 25% of the time. 

The play for the originator entity is the points and fees - usually the asset itself (the note) has to be financed with equity capital rather than debt because the spreads are too thin to lever up unless you have a significant portfolio.

I know it depends to an extent on quality of work but is this a value add play or not?

Either way, using OPM successfully usually comes down to: Finding a deal with clear upside (value-add, underpriced, or unleveraged equity) Structuring creatively — like combining private capital, HELOCs, or partners with smart financing Having the right lender who can move fast and work with your structure — not against it We help new and experienced investors fund 1–4 unit multifamily deals using: DSCR or no-doc loans so your personal income isn’t a barrier Delayed purchase financing (so you can close cash, then refi in 30 days to pull your funds back) Bridge + rehab funding for value-add plays If you find a deal first, we can often help you position it to raise capital confidently  by showing the leverage options and return profile early.