I found a property in pre-foreclosure and need advice on how to clear the title in this case.Scenario:The seller wants out for the cost of his second (renovation) loan.

Focus on connecting with investor-friendly professionals like agents who understand investment metrics, lenders experienced with DSCR and creative financing, reliable contractors, and a solid property manager if you’re not self-managing.

i also would not recommend partnering - returns on a single property do not justify it.can you house hack instead?

I guess I am looking for some advice or guidance on where to start!!

If the figure of $1200 is being floated on the listing it’s highly possible the current owner is locked in and grandfathered at this price and even if you get a policy with the same insurance company your policy will be significantly more expensive.

I told them that I work with real estate investors that would be able to help them and put some money in their pocket to help them with their crushing debt and bills so they wont go into foreclosure on both houses How did you finance this deal?

It can get pretty expensive what would anyone suggest or should I write the lease so that the next tenant depending on time of year should I do not include a specific utility and adjust my rent because of it ? 

Hello @Shunnel Williams,Sorry to hear of the challenges on your first deal.

Hi BP community - I'm an investor with 3 SFHs in the Nashville area looking to acquire my first small multifamily property (2-4 units).I'm trying to determine the best approach for the 25% downpayment, comparing using cash that is currently sitting in a high yield savings account to funds from a HELOC on one of my properties.

I don't plan on pulling out any income, especially since I break even on bills and payment from myself and tenant.