Leaving out auction and foreclosure costs for a second, when you write that check for $220k the trustee is going to pay BigBadBank the $175k they are owed first, then he's going to pay LittleBadBank the remaining $45k, and you will get a clean title as the process is going to wipe the slate clean.

Thank you for the very thorough and clear thought process.

Yea, I'd love to call and maybe change your mind with our processes 

Otherwise, you will have to explain the large deposit and possibly the source of the funds to buy the crypto.You can expect to need about 20 percent of the overall costs of the purchase and rehab.

We also have a very strong rental market, and that too has high demand from investors wanting to purchase. 

In fact, I would estimate that it is mostly upper middle-class folks that have the money and wherewithal to go through the vacation rental process - prepayment of substantial monies, etc.If you only have one property, I would just stick with Venmo, CashApp, or Paypal.

The defendants researched and located properties that were in the pre-foreclosure short sale process more:https://www.justice.gov/usao-edtx/pr/self-proclaimed-short-s...18 U.S.C. § 1344 – Bank Fraud18 U.S.C.

I am learning a lot about the business that, had I not gone through this process, I wouldn’t have learned nearly as much.

Is this purchase on the MLS or through a turnkey company? 

I use Jurny as my PMS to help me process guests.