.: Thanks everyone for your replies, it's in NJ, approx. how much time it will take for foreclosure process and how much I should be ready to spend on attorney.Once we hire an attorney, he will take care, or I also have to go court frequently.I am asking because I  have a job, it's tough to get frequent off.Trying to prepare myself for tough time ahead.Thanks again. 

You should have $150k in mind though so you're prepared for worst case - and also to allow for soft costs (permit fees, etc.)$75-90k is typical for a garage conversion ADU in Sacramento.

Hello everyone, I've done 3 buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers,  but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?

I would say it is not the easiest thing to do and requires the borrower to have a deal with enough spread to allow for such high leverage and the borrower should be prepared to offer much more than 3-4%.

"Prepare for Auction" the terms of the payment and how to pay should be listed there. 

Oftentimes, a direct line to the owner is the biggest challenge.I'd be prepared to make an offer on the spot BUT I'd also be prepared to take things 1 step at a time.

Hi all,I had a timed investment finally become available and have been considering putting it into a STR venture.  

I would like to know from other experienced investors some suggested books that highlights mindset, preparation for recession, finance and all things real estate.

This is a cash heavy venture even with a loan.  

However, with the right approach, it can be a rewarding and profitable venture that brings you closer to your financial independence goals.I'd be happy to connect with you and provide insights into the current Kansas City market, along with information on turnkey properties.