Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
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

All Forum Posts by: Shari Peterson

Shari Peterson has started 1 posts and replied 1 times.

I concentrate on short sales but I have a friend who is facing foreclosure that is not a short sale candidate. Can someone advise me as to how I can best help him?

His house is valued at $167k. I don't know the repair situation yet but I believe it would be minimal -- definitely under $10k. He owes $82k on a first and $25k on a second. That leaves equity of between $50k-$60k.

With this scenario, what would be the best solution to pose to him?