See Mike’s full profile for free
Join over 1,045,000 members sharing their knowledge across BiggerPockets.Sign up
Mike doesn't have any references yet.
- Newbie Blogger
Recent Forum Activity
The bankruptcy will also halt any foreclosure proceedings on his home. I'm not entirely sure about commercial properties, but I think filing for bankruptcy stops those as well. See more27 replies
It sounds like your friend is a good candidate to file chapter 7 bankruptcy. If he's already gone through 2 divorces and has been unable to work AND has liens against his proper... See more27 replies
If Tom Wallace is moving into his next project property, wouldn't that mean he is going to buy it? I think a 1031 would apply in that situation and because he would have a new p... See more31 replies
Authored Blog Posts
I want to take a moment here to demystify the foreclosure process. I work with many people who don’t understand how it works and think that if they miss one payment the bank has the righ...
Recently Fannie Mae and Freddie Mac made major changes to the rules on short sales. I'm almost positive it won't do much to change the number of foreclosures we'll see coming. In previous blog...
With the economy and the housing market in a mess, it’s easy to get caught up in thinking that the sky is falling. If you’ve lost your job or are facing a foreclosure or just falling b...