Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
Seeking advice on a pre-foreclosure for my first deal.
Hi, I live in Oklahoma City, OK and have been interested in property investment for a while. I am new to this and currently looking for my first deal with no money down. I have a neighbor who advised me she is behind on her mortgage payments and her lender is going to foreclose on her. Would I want to offer her to do a lease/purchase deal with her, and I rent her house out to someone else for profit while she keeps it in her name as I have no money down. Thanks for any advise and tips in advance that I may receive.