We should have a "good, bad and ugly" GP list for people to look up and avoid these GPs in the future.I wonder if anyone of you have heard of 711 Rescue and can let me know if this kind of company might be able to help the LPs.

yup the foreclosure rescue buy back went away in 08 in Oregon..  1. you cannot do a foreclosure rescue and rent back at all that is illegal in Oregon.2. you have to be a licensed foreclosure agent to advise on those in foreclosure those licensed are RE brokers  MLO and lawyers.

I cant tell you how many rescue loans Ive underwritten for small businesses who relied on a LoC for liquidity and then had the line frozen or called unexpectedly.

I have a Heeler rescue lady near me who has 27 dogs at any one time.

I know each state has its own foreclosure rescue laws, so maybe this is a requirement in some states.I'm curious to see where this thread goes.

Obviously, the most important focus is on those who experienced loss of life, need rescue, and experienced total loss; again, my heart goes out to those people.From an investment standpoint, hurricanes are obviously a real, calculated risk of the area. 

And dont know about Ken.. but his partner for sure was very versed in sub to.. the information was accurate as we both kind of played in the northwest sandbox . and before sub to foreclosure rescues / rent backs became illegal in about 08 I personally did a few hundred of them. 

FBI: Foreclosure Rescue FraudThese con artists convince desperate homeowners that they can save a house from foreclosure if the homeowner deeds the property to them and pays an exorbitant fee up front.https://www.fbi.gov/video-repository/newss-foreclosure-rescu...18 U.S.C. §§ 1014, 1343, 1344, 1349, 1961, 1963 (2024).18 U.S.

Which in itself gives me major pause, because these rescue capital loans almost never work out.2.

Firefighters I know had to cut their hoses with their rescue knives and drive away as fast as they could to get away, no time to roll up their hoses.