All Forum Posts by: Mike Bitette

My partner and I are looking to get started in investing in Fix N Flips. I've been looking into buying homes at Auction. I was wondering if any of you with experience in this can tell me if what I learned so far is correct? 1. Get a Title search done 2. Bid on the property that is being foreclosed on by 1st lien holder because it wipes clean all the loans taken after that one. Unless 1st loan is very small and I bid on second lien holder foreclosure because numbers still look profitable. 3. If owner occupied either work a deal with tenant to move them out or evict them? I'm not sure about this particular situation. I've also read that they will move out once foreclosure is finished. ???4. What about back taxes? They come up on title search as a lien? Unless property is being sold as free and clear?I appreciate any feedback on this. Thank you

My partner and I are looking to get started in investing in Fix N Flips. I've been looking into buying homes at Auction. I was wondering if any of you with experience in this can tell me if what I learned so far is correct? 1. Get a Title search done 2. Bid on the property that is being foreclosed on by 1st lien holder because it wipes clean all the loans taken after that one. Unless 1st loan is very small and I bid on second lien holder foreclosure because numbers still look profitable. 3. If owner occupied either work a deal with tenant to move them put or evict them? I'm not sure about this particular situation. I've also read that they will move out once foreclosure is finished. ??? 4. What about back taxes? They come up on title search as a lien? Unless property is being sold as free and clear? I appreciate any feedback on this. Thank you

My Partner and I are looking to start Rehabbing homes in NJ. Were looking to connect with like minded individuals and gain knowledge and guidance. Maybe even work together one day.

Thank You everyone. Let's make some money!

Thank You both. I appreciate the positive feedback.

Hello everyone! So far this site has been a wealth of knowledge for me. I am looking to start purchasing lots and building single family homes, and if the opportunity is worth it a possible rehab here and there. I would love any feedback on these niches and look forward to sharing anything helpful I can bring to the table. Thanks