Here's a casein FL - Seller in foreclosure has 120k principal @4%, Shes 10k in arrears, house is worth about 250k, good condition.She wants to stay at the house, but doesn't mind selling it if needed.She will likely not qualify for a loan mod at the moment, good amount of equity.She works in the medical field, just took sick and fell behind.I was thinking of offering to pay her 10K in arrears and creating a 2nd mortgage @ 10% interest.if she defaults, i can foreclose,  as there is a bunch of equity there.any thoughts of a better scenario that i can make more of this situtation?

@Jon Mekeel - I'll give you two-in-one answer: get on the list of all wholesalers you can find and watch their emails - periodically, one will make the mistake of sending one with their whole list of recipients in the TO field.

Any experienced Manufactured Homes / mobile home investors willing to give me the time of day to discuss this field?

Your desire to ensure that you are making the right decision and to request additional time to review the property are reasonable steps, especially given your relatively new status in the field.

So, I would be double checking with city even if it means numerous phone calls!

With a strong interest in the field, I’m here to dive deep into real estate investment, aiming to grow and learn from this community’s vast experiences.Currently residing in the Bay Area, I’m fascinated by the dynamism of our local market but am equally interested in exploring investment opportunities beyond, including other cities and states.

As with any other large renovation there were numerous challenges and lessons.

I ammessaging here because the Bookstore tech support has been a complete waste of time.After many emails back and forth, numerous times, numerous days and weeks, with supportgiving me the same canned responses, I eventually gave up and asked for them tocancel my account and refund my money and they just ignored me.

There are numerous books, podcasts, and online resources available to help you become a more knowledgeable investor.By following these steps and staying disciplined in your approach, you can successfully house hack using your VA loan and build a solid foundation for your real estate investment portfolio.

In fact, none of the cards ended up being accepted since the banks can see you making numerous purchases.