Hi real estate friends,My wife and I recently bought our first home in Co springs area close to garden of the gods and other attractions in the area. to no surprise our interest rate is a whooping 7.1%, the main house...

He kept in touch with local contractors, and one tipped him off about a homeowner who ran out of funds mid-renovation.

On top of that, they require homeowners to hold the title for two years before being allowed to use the property as a short-term rental.

A nice 3 bed 1 bath around 1200 sq ft is easy to buy, cost very little to maintain, rents easy, and is easy to sell to another investor or a homeowner.

Thanks, SamContact homeowner in pre-foreclosure.

I've been running into some trouble/challenges when it comes to being comfortable talking to sellers i.e. on initial/introductory/cold calls and sometimes in appointments/meetingswhat are some tips you guys may have o...

Mainstream homeowner policies won't cover sober living because they don't account for the risk of multiple people recovering in the same home

That strategy is not going to work at all. 99 percent of agents don't even know or understand seller financing and will just think it's a scam (which it is most times these calls come in since the caller has no money and therefore is irrelevant to a regular homeowner).

These markets tend to attract a lot of investor activity, which can drive prices up, leading local homeowners to take on more debt to afford homes in their area."

I am still here though and still learning on how to find the homeowner in distress.