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Updated almost 7 years ago on . Most recent reply

User Stats

10
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0
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Rowan Woodburn
  • Carpenter
  • Orlando, FL
0
Votes |
10
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Possible Rental Propery

Rowan Woodburn
  • Carpenter
  • Orlando, FL
Posted

Hello Bigger Pockets,

  My Grandmother house is going into foreclosure because she is 88 years old and can no longer manage this property. she refinanced in 2006 for 100k and now owes 80k for the property in which she is no longer making payments and so as a rookie investor I told her that I will help her get this property off her hands. The thing is I don't know where to start considering her situation with owing more than 50% of the mortgage. what should I do Bigger Pockets Family? what strategy would I use?

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