If so, you can call their customer service line to ask your questions about title.Maybe you can get a preliminary title report, which would be even better.Without more information, the explanation that makes the most sense to me is that the owner bought a junior foreclosing lien in 2007.

Unfortunately, where I live (Northwest DC) and work (Northern VA), there aren't too many ugly homes, and most of the investors I have met at the local REIA (which is in MD) focus on Baltimore and Maryland, including my mentor.

As my mentor often says, 50% of something is a lot better than 100% of nothing.

If he or she is not alive, who in that family mentored under them?

BUT, with that said the junior lien is able to protect itself by (1) advancing funds to bring the senior loan payments current, then foreclosing for the sums advanced; (2) bidding at the foreclosure sale so the price will be sufficient to pay off the senor and the junior liens; or (3) acquire the property by bidding at the foreclosure.

This site will be important to my education as I have no mentors as of yet.

Note that I have not yet done this, but this is what my mentor has told me.

This action consisted of searching out a mentor who is helping me tremendously right now (advertising, networking, and crunching numbers.)

Originally posted by "seattlegogetter":Wow So I wanted to update all who replied and critzed about my goal.So I got great advice from my mentor.

well, i am a junior in college. i have little/limited capital and a part time job. i have good credit but not enough credit or down payment to invest in this peice of property.since i've been at my school, we have managed to start a fraternity, and now it has come three years later when we are in need of a house. none of our alumni can afford it, because they are just out of college as well.i'm not looking for excuses why i can't get it, i'm looking for how i can get it. 4 duplexs 2 blocks from a major campus with a pool / hot tub. how do i go about funding this?