Not hubzu (although I have dealt with them)But "Regular" foreclosure by fly by night realty company.2 days bef closing OUR title company found unclaimed 3rd mortgage, not yet foreclosed.Sales price $5000, unclaimed was $9000 ten yrs ago...

But since there is no age discrimination in mortgage lending even if you are 75 yrs old you can still get a 30 yr amort. 

My only experience is that I owned a townhouse  rental 10 yrs ago and sold it a year later in 2005 when I saw some topping signs and did well.My partner and I are both medical professionals and we both have great credit.

@Aaron Carr Welcome. 30 yrs LE here thanks for your service.Two Great reads, I bought both J.

My 2 newb partners and are trying to buy a second rental property, one where the numbers work well, and a local credit union is telling us 5.5% for 20 years and possibly with a balloon, whereas we had been planning on...

From there (end of my tour in Omaha/beginning of new tour) ill be 36-37 yrs old with 100k+ to work with.

The question I have is that in listening to the course it seems it is almost 10 yrs old, so I was wondering if this is still a viable method to purchase properties.  

Lol some ppl never learn (today is 2 yrs later)

Evidenced by the fact that I just sold the rental, after owning it for over 10 years (and paying down 10 yrs of a 30 yr mortgage).  

If I can hold on to the property till 2017, then I could sell and take advantage of the capital gains tax relief for holding the property for 5 yrs and occupying for 2 (and net $42k a year in rent).