All Forum Posts by: Steve Sparks

I can be done..I have done it..but it takes a lot of persistence and a lot of wasted energy to find the one motivated guy with the pen..you will also be surprised that guys who turn you down over and over again saying we don't do that..will eventually call you..but like I said it takes a lot of work and even more networking.

easiest way? 11K cash and wraparound on the 24K

he means do you plan to live in it..

what would keep you from filing it after they file theirs?

Valerie is correct..the amount of the filed lien is immaterial..the total owed to them per their note is what they can collect before you can collect a nickel..accrued interest and penalties and all..

filing the mortgage is easy..could do it yourself or pay and atty a couple hundred..

this is a very risky venture..you should have supreme confidence in the borrower and the project.

good luck

I have looked at that property you mentioned..war zone property..there are numerous deals here in cincy though..let me know if you want more info!