Hi @Shawn SmithI am a US loan officer in Toronto, assisting Canadians to secure financing in the US.

Sometimes maybe often times they aren't doing enough to track down the owner or owner's heirs and just collecting checks from the court. we have a FC coming up where lets say the loan was $500k and the property is worth $1.5M.

I'm excited for the opportunity to be apart of the community with BP, I reside in the state of Virginia and started my investment journey many years ago at 22 doing fix and flips, I stopped when the market crashed in 2007/2008 and didn't like the way the market looked and I left the investing world, I became a mortgage loan officer, and then processor and later underwriter and learned the backend of the conventional lending world.

The reason being I have to build up my credit score before I can get approved for a loan. 

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

why would a tax bill wipe out your equity at 60% loan to value?

Make sure to have your contractor ready and your cash or hard money loan ready as well to work on your repairs. 

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Starting with an FHA loan on a property with separate utilities is a great way to begin.

So how do I socialize the benefit of doing something like taking a 200k ADU construction loan to add $X in top line and $Y after servicing the new note, but with an increased property value etc etc?