At that point, the clock will restart by 5 minutes after every counter bid, until the bidding stops.With mortgage foreclosures you'll want to guarantee that the property is vacant to avoid going through a messy eviction battle.  

(No mortgage on any).the cash flow is a total of $3,100 a monthDo portfolio loans exist for these kind of situations?

Fortunately, if your mortgage is backed by Freddie Mac or Fannie Mae, transferring an investment property into an LLC will not trigger acceleration.

The other way I fund deals with none of my own money is using a private lender that I have years of experience and relationship with and/or using HELOC and other business lines of credit.

I'm looking to scale & use private lenders to expedite closing.

Hey Aaron, have you considered a commercial mortgage from a local bank like First National or Bangor Savings Bank? 

A cash-out refinance provides stable financing but resets your mortgage term.

But by and large most homeowners in dc are wealthy and there payment and this is key is less than rent if they bought before 2022, so they will do everything in thier power to keep thier mortgage.

Hi Taylor-You are looking to connect with private individuals who lend money on real estate deals and not looking to work with a broker but private individual lenders.You asked where to post your deals to attract these private individual lenders.Three thoughts on that:1.

When it was all said and done I still ended up being able to pull about 5 to 10k more out of it than I put into it.Current mortgage including taxes and insurance is $1,519 and it's currently rented for $2,546/month.Yes, you can buy a house at auction that you then flip and sell for market value.And yes, I have participated in online auctions.This reply is over a year old, but did you have the hard money lender you were using already in place before you bid?