Beginner Investor in Tacoma Washington (Foreclosure)

[Lourene Gibson]

Hello,

We are new investor's in Tacoma Washington. We are wanting to get involved with flipping homes wholesale. We want to learn techniques that can get us involved with homes with equity and minimal rehab. I have a neighbor who is going to be foreclosed on December 16th. She is behind in the payments around $70,000. The balance on the loan is around $266,000. The value of the home is around $360,000. Save this foreclosure from happening and profit at the same time?