Hey Kelsey - I hear what you are saying: it is hard to buy something at a good price when it is not distressed.

Just for some background info......the only reason I started and own Skip Genie now is because I specialized in highly distressed vacant properties and learned the ins and outs of how to efficiently find and contact the owners/heirs and then be able to close on them.  

Also looking for distressed properties to fix/flip or fix/rent.  

The post was more focused on investing in the distressed debt space.

It is one of the more difficult processes to perform when taking over a property, raising rents, not causing distress for the resident base. 

Look for distressed properties and motivated sellers.ProbateDivorceBehind in property taxesIn Preforeclosurevacant propertiesCode enforcement issue propertiesetc

My husband and I purchased our first distressed property in late 2023, renovated it ourselves and sold it last week with a 79% ROI.

They show on your tax returns, and bank statements.There are many underwriting tools to expose private money ones that claim they don't report to the bureaus- they also sell and securitize the loans so what they told you on the phone is of no value, they get reported.All NonQM standard DSCR loans show on your credit report.DSCR gone bad shows online, in court records and in the curbside view (property appears distressed and attracts code violations/fire inspections and investigations...

With two additional years under your belt perhaps you can tell us about some of the deals you done and, specifically, how this course helped you do those deals.Sure Jon,I had previously learned from another investor on how to work with borrowers on distressed notes and work out payment plans, pay offs or help them get refinanced.

Another effective approach can be targeting pre-foreclosure properties where you negotiate directly with distressed homeowners before the property goes to auction.