Easy decision to get rid of these tenants.  

Hi Dave in Northern, NJ-I am sorry to hear you have a single family rental facing foreclosure.You have it in an LLC and wonder what your options may be to delay foreclosure.Lenders do not want to take properties back and have a nonperforming loan.The best time to work with your lender is as soon as possible but certainly before the sheriff's sale.After the sheriff's sale, there is a redemption period where you can still sell it and the length of time varies from state to state and may depend on if it is vacant (avoid that for a variety of reasons), if tenants have a lease and have rights, or if someone is occupying the property.Working with the lender may not be easy but do not give up.Also, reach out to investors, who buy properties in foreclosure or pre-foreclosure, and see if they would be interested in curing the default and buying the property.To Your Success!

A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.

It sounds easy, although it isn't, but there is a way to do this effectively.

A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email [email protected], and someone will help you.

The gurus that sell their courses with the promise that it's easy money.I wish you the best.

On the positive side, since it is in a pretty decent location, it is fairly easy to keep these rented.

It looks easy, right?

I'm mostly looking for easy disqualifiers like pets if they aren't allowed at a property, or someone looking to move in March when I'm vacant in January. 

In my area it's pretty easy and cheap to switch it over to the LLC.