All Forum Posts by: Ryan Mcleod

Looking to save a home from Sherriff’s sale. Home is located in Pennsylvania, and schedule for sheriffs sale the end of June. Mortgage Company wants $60,000 in back payments and late fee’s to prevent sheriffs sale. Current home owner has $30,000 to offer and a qualified buyer who will act as cosigner if possible. My question is what kind of options are available here? Will the mortgage company negotiate that $60,000 if $30,000 is brought to the table? Would refinancing with that $30,000 and a qualified cosigner be an option? 

Hey guys,  Very new to all this;  and loving it. I have about 20K saved up and I am doing my homework for my first real estate investment. I really like how the Brrrr technique sounds. Just a quick question.  Some of what i have been reading makes it seem like this technique may not be a viable option in all cities. Im guessing due to home prices and rental rates?  Anybody out there have any experience doing this in North east PA? Lots of foreclosures in need of some TLC that are around  50k, and a seemingly large renter population.