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Updated over 5 years ago on . Most recent reply

User Stats

62
Posts
19
Votes
Tony Lee
  • New to Real Estate
  • Allentown, PA
19
Votes |
62
Posts

Newbie to Foreclosure

Tony Lee
  • New to Real Estate
  • Allentown, PA
Posted

Hi all my name is Toan Nguyen one of my friend McNew introducted me to this Biggerpockets. And I am new to buying Foreclosure houses and recently won a bid on the house in PA Allentown. Looking for some guidance and which lenders to help Renovation Fund for the house. Need some recommendations on which lenders to use (looking around 9% interest or below). I'm currently using the BRRR method. Already owe 4 units but neither are auctions house. Any guidances would help :) Thank you

Most Popular Reply

User Stats

3,975
Posts
3,356
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Pat L.
  • Rental Property Investor
  • Upstate, NY
3,356
Votes |
3,975
Posts
Pat L.
  • Rental Property Investor
  • Upstate, NY
Replied
Originally posted by @Jacques Hebert:

Slightly different take here, I actually think it's immoral to take a foreclosure. It's just not right. You're profiting off of someone else's misfortune. It's almost as bad as selling drugs. I'd recommend not going through with it. Keep your soul clean

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