@luke Carl sold his hot rod, I sold a bunch of guitars and a rare Marshall silver jubilee 25/50 amp (just like slash played on appetite for destruction while we’re talking about GnR.

Usually that means that they have hard assets that can be liened and potentially sold to pay off the debt.

We spent 30k of our own money rehabbing, lived in the property for 3 years, did most of the work ourselves, and sold last summer for 195k.

Three other houses sold last year for $189,000.

Sounds like you are happy with the answers but here is something else to consider: NJ is a judicial foreclosure state so timeline to foreclose is multiple months at a minimum and could even be over a year depending on the tools you have.Is your lender a big institution or a smaller private lender?

Purchase price: $160,000 Sale price: $170,000 Contributors: Peter Vekselman Partner Driven and Jamari Sprueil secured this Dover Ct property in Riverdale, GA, for $160,000 and successfully sold it for $170,000 on the same day.

Most loans are sold to those two entities.  

You could become the biggest private investment bank in the world.

Your experience in estimating, accounting, and working with large-scale projects is really valuable, and I’d love to learn more from you.Would you be open to a private conversation?

Need some advice.I do some small private money lending to home flippers.