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?

At the moment Im into wholesale and tax lien/deed.

It worked out and there were plenty of stressful and happy moments especially sharing trips with her.

It's not the most beautiful work of art, but it gets the job done and it's extremely easy for someone like myself (very little html experience) to edit and plug and play.

My wife and two beautiful girls.Fun fact: In that same one day, I adopt a new member to the familyNot one with a diaper to change though- A new book "Zig Ziglar secrets of closing the sale."

We have 6 flips going on at the moment.

On the contrary if you find a house with 4 bedrooms, you have one room to live and 3 of 3 rooms to rent out, meaning if you only can fill 2 of 3 at one moment you still have some rent money coming in.

Not a good situation.Let's put all that aside for a moment, though, and assume you can avoid all those pitfalls.

I am in the process of trying to put a property under contract with asbestos siding at this exact moment, the offer is in and am waiting on a response.

There is a lot to learn, but you already have experienced the beauty of REI with your ADU.