No plans to stop. 

I plan to buy and hold the good ones using hard money and pass others along to interested investors here in the Brooklyn area.

There is more things to consider when using this strategy its best to plan ahead and begin the mortgage planning as soon as possible so if a deal comes along you will be ready to execute. 

Hello @Joseph Romano, I’ve been going the past of couple of weeks and plan to bid on a home by next Friday at the Queens auction.

Their basic plan is not too expensive.

I have a mortgage in my personal name, but setup an LLC that I plan to deed the property to and manage the rentals with. 

To better equip myself, I also plan to start by getting a real estate license here in Illinois.

The plan was to fix up that house an rent it out long term but with the market being high and I was moving out of the area it made more sense to sell at time. 

I am new to real estate investment and planning to start ramping up long term rental properties in 2025, however my first two primary residences were both converted into MIL's and rented within months after closing which effectively followed the House-Hack tactic (we currently rent our furnished basement to primarily traveling nurses for 3-6 months at a time which covers 70% of our mortgage).

Just trying to get a better idea of how proceeds from foreclosures work, since it sounds like you are just planning to sell the property and keep the profits (which may be standard, I'm not sure).