Pre-foreclosure Live in Flip

[Dan Mitkovski]

Hello,

I am new to real estate, I have not done a deal yet but I have been listening to biggerpockets for almost a year now. I feel like I have the basic knowledge down but the foreclosure process is still confusing to me. I really want to do a live in flip here soon and I found a house that is on Zillow that has been on and off the market a few times in the last year. Listed and taken off by auction.com a few times and then in September it was listed for sale by an agent. Now its a pre foreclosure again. I am interested in trying to find out more about it because it says the default payment was 46k and the house is easily worth over 100k. The zillow estimate is 125k.

I know I have heard investors on the podcast say you can try and contact the current owner before it goes into forclosure to pay off their loan and buy the house. I cant really find out how to get in contact with the owner. I have not drove past the house yet.

Any information on steps I could be taking would be appreciated.

Thanks!