Foreclosures can be delayed by a myriad of methods incurring further costs. 30 day late, then they will get a breach letter stating to catch up by a certain date or foreclosure will begin.

Deals can be found in "No Interior Inspection" properties if I catch the occupant early on (like day-of-listing), but otherwise, our REO properties are bid up too high for the risk taken and condition. 

The catch is the townhome needs a brand new roof for which I estimated $10,000.

I'm new to the BP forums and have been catching up on the Podcasts, which are awesome.  

If inspector didn't catch that vanity issue ... ;)

I tuned into the webinar late, so I didn't catch the guru's name, but it's Brian Someone. 

I've been reading everything I can and analyzing deals as soon as something catches my eye, but the only areas around the chicagoland region that make sense with our crazy high taxes for buy and hold seems to be Aurora/Joliet.

I have a property deal in which the sellers are a year behind on payments and owe the bank $25K to catch up payments.

I'd love to get in touch with those of you investing in the Athens area and I'll be sure to keep my eyes on the Athens REIA website to catch the next meeting. 

So if you're truly playing catch up on retirement, you have your precious capital in two buckets:a) equity in the house earning 4% onlyb) REI earning 10% +Then, it's the same argument on prepaying the mortgage ....you're sending a couple hundred dollars to the bank to avoid 4% interest.