Investment Info:Single-family residence fix & flip investment.

@Markwon TurnerTo kickstart your real estate journey, define your goals and strategy, explore short-term and long-term strategies like house-hacking, buy-and-hold, fix-and-flip, and wholesaler.

Here's an example on these forums from four years ago: https://www.biggerpockets.com/forums/888/topics/829466-housi...I still stick with what I said in mid 2022: Given that lending standards were much, much stronger than in 2008 and that most homeowners have long term fixed rates instead of Teasers, the real estate market won't collapse even if demand is down because supply is down (less inventory because people don't want to sell off properties with those great loans).

Another thing be prepared to spend rehab dollars to fix it up for rent or resale after foreclosing.My experience for average tax deed rehab for rent is $5-15K. rent for $900-$1000/month.winning bid amount $14-32K.Rehab cost for sale; cost between $25-92K , sale for $90-250K, winning bid amount $15-60K.

If they didn't respond kindly to sincere attempts to fix the problem, I'd mention your attempts.

I get much more cashflow from distressed properties that I pay cash for and fix up to be LTR'S. 

Just a short list its like 50 ways to leave your lover there are 50 gothcas in sub to. 1. the easiest for everyone to understand the sub to violated the Alienation clause in the mortgage or deed of trust and holder of the mortgage DT / Note decides to call the note due and payable and starts a foreclosure. 2. foreclosure started and the person who bought sub to has no means to pay it off or refinance it and the original sellers credit get trashed and if its a deficiency judgement state even on an owner occ like Texas lender sues original seller for the deficiency. 3. this kind of investing or acquiring assets tends to attract those with limited resources so they have no ability to fix things they decide to scale up and then it goes out of control and sellers are really harmed4. deal goes south and original seller sues or files complaint with AG. 5.

Consider single-family homes, duplexes, and fix-and-hold strategies.

They're retired and on fixed incomes, and they won't be able to afford the insurance and/or their HOA fee increase.

Fixed or Floater on loan if you bought in 2022?