In such situations, a bridge loan to rehabilitate the property followed by refinancing becomes necessary.

But I have JUST proven to you that people in these situations have a 99.9% chance they will NOT be motivated.See the mistake all these software lovers make is they incorrectly ASSUME that foreclosures, and absentee owners, and probates and all these situations imply motivation., but the DATA says that is not true.So I have factually, mathematically proven to you, without any room for opinion, that I am in fact accurate and correct.Everyone with a probstream membership answer me this.

That is also a really great recommendation on how to reframe the situation.

I would consider buying multiple properties.

While he won't qualify for rates as low as 5% because that's just not where rates are at the moment, he could qualify for rates closer to the 7-8s depending on the situation.

Zander,If you have time reach out to 3 Bell Capital in California its a company that does multiple things. 

I'd just like to know the specifics on what California law says about this kind of situation, without having to hire an attorney as this is rather minor.

(That's fraud)It also involves stripping equity from property owners who are either ignorant of the true value or in such a desperate situation that they'll take a bad deal just to get out of it. 

What happens when I stop paying the mortgage payment on multiple properties?

There is also an opportunity to target the rental market with renovations that cater to both families and young professionals given its large, diverse population and proximity to educational institutions.Enhance properties to appeal to families and young professionals, focusing on durability and functionality, such as open-plan kitchens and multiple bathrooms.Example Investment: 130 Benedict Ave, Syracuse, NY 13210130 Benedict Ave, Syracuse, NY 13210 | ZillowLocated right next to the Syracuse University, and currently rented under market for $1,200 a month.