I look at foreclosures.comOut of the 3 stages I am definitely not ready for an auctionpreclosure / short sales:- I need to research how to take over a deed / title- need to prepare how to do door knocking (I have a sales background and feel confident in dealing with an emotional conversation about someone’s home) - there IS a window of like 4 weeks that I need to prepare for (have my finances in order) to then bid before it goes to auction?

Forgive me if im being a bit forward: would you be willing to give some sort of tips/guidance of the process ypu went through from start to finish?

The only part that Property 1 pays on that loan is the escrow for property tax & insurance for Property 1.Thank you for your insight.You need to look at purchase price to determine cost basis, not how you financed the purchase.

Judges also postpone sale dates for buyers with financing, so cash is likely not necessary to get the date moved.

How did you finance this deal?

How are you financing this?

I do not choose to look at the budget after a once in a lifetime event such as Corona and use it to judge the state’s finances. 

Welcome to the community and be ready for a huge amount of information at your finger tips.

In order to help finance the care, we are currently renting house and foresee needing to draw equity from it in the future. 

This will effect your ability to obtain financing for quite a few years but may be worth considering.