And...eventually, some foreclosure fees if not accrued already.

For example, if you purchase a $500k legal balance (unpaid principal + accrued interest/fees) for $200k, then rehab and sell the property for $300k, can you write off the uncollected $200k (the $500k - $300k difference i.e. not pay taxes on your profits, as on paper as the lender, it is a "loss")?

The interest accrued can be itemized in your 1040 If your primary residence was used as a collateral. 

Hi,This is my second day exploring BiggerPockets and it's invigorating my sense of curiosity.

If you list it (for agent investors) I get 25% finders fee.Just out of curiosity would you go for a deal like that?

The principal amount of this Loan together with accrued and unpaid interest and all other charges, costs and expenses, is due and payable on or before DATE.

Repayment will be when the property sells, but will accrue monthly interests.These are small amount as the properties are distressed properties in LouisianaProject 1 - loan from lender $15,000 - for 4 monthsProject 2 - loan from lender $35,000 - for 6 months

Good stuff up there.With me, especially because I've only accrued about 12 months experience in Chicago where we are buying right now, anytime I cannot identify true, apple-to-apples comparables, I might just pass on the deal altogether.Especially in Chicago where you have several types of homes (bungalows, ranches, cape cods, georgians, etc.), you really cannot comp one with the other unless it's the same style.Here are some general tips when comping homes:Never cross any major highways, and try not to cross any major streets if you can.

I have a spreadsheet to track how much I accrue/set aside each month based on the rents I expect to have coming in.My banks let me have these accounts for free with some nominal minimum balance requirements.I have separate accounts for:Working Capital (main account, rents come in, mortgages go out)CapexRep/Maint/VacancyTax/InsuranceCashflowTenant deposits (for self managed properties)https://www.amazon.com/Profit-First-Transform-Cash...

@Maria VillamarJust out of curiosity, why are you looking for Lis Pendens?