Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago on . Most recent reply

User Stats

2,113
Posts
195
Votes
Alex Hamilton
  • Property Manager
  • Baton Rouge, LA
195
Votes |
2,113
Posts

Foreclosure Bail Out Opportunity Baton Rouge, Louisiana

Alex Hamilton
  • Property Manager
  • Baton Rouge, LA
Posted

501(C) 3 Tax Exempt Community Housing Organization seeking to save this Home for use as Group Home for people recovering from crises related to homelessness, abuse, addition, incarceration and displacement.

Present Occupant refused to pay $709 per month PTI on the property valued at $125,000.  Owner of Record has agreed to transfer $92,000 Note for $20,000 payment of back PTI to avoid foreclosure.  New owner removal of Occupant and Group Home Conversion will result in $2,000 per month Gross.  Only 14 years remain on house note as shown per attachment here.

Offering

Loading replies...