Posted by M.T.(CO) on December 16, 1999 at 09:52:40:
Yes his idea’s/techniques work with a previous BK, it makes things harder as far as obtaining financing. It becomes a real test of your Creativity. One angle that might work for you is to find sellers that are almost in foreclosure and offer them a wrap on their property. You as a buyer are offering them a way to stay clear of credit problems(foreclosure)and sometimes may even obtain all of the equity that might be involved(if any, sometimes very little in most cases I have seen). free commentary, take it or leave it.