Access to financing, such as 90% of the purchase price, can significantly lower the entry barrier, but success still depends on having a well-thought-out plan for managing renovation costs, timelines, and potential risks to ensure a profitable outcome.

I've had the opportunity to see what the Attorney's version of the NoD looks like so if there was a situation where the borrower just needed their feet held to the fire and I didn't anticipate a need to go down the Foreclosure path, I feel comfortable sending an NoD letter myself, certified mail with noted stipulations to cure and outcome if not cured. 

Nothing that I know of What was the outcome?

No experience with non performing notes.My idea is to buy these notes with the primary goal of accessing the property through foreclosure, knowing that there are several other possible outcomes.

N/A What was the outcome?

Operated on a fiduciary capacityin other words if the above was done and the investment still went south, then that’s just x% outcome (risk) occurring, and a natural part of the investment process.  

Upgraded kitchens, bathrooms, and other items that hadn't been touched for years What was the outcome?

I rented it out for 4 years now turning it into a airbnb it is now worth 400K What was the outcome?

They have a stake in the outcome of your job.

What was the outcome?