We will only be starting with about 20k-30k and we had originally planned to start flipping houses to build capital quickly, then build our rental portfolio to create stable passive income, and then build other tiers. 

Example with simple math/numbers - if Wells Fargo Bank has a $75,000 original note, remaining balance is $60,000 and it goes to foreclosure/auction on the steps of the courthouse, auction brings $35,000, what happens to the $25,000 difference? 

Even without, I lean toward my original comment.

Hello Shay, I am a note investor that purchases non performing assets with the end goal being to help the borrowers get back on track and resell after we have seasoned the note.

Originally posted by @Adam Frey:For my first time buying a property I want to buy a turnkey property.

One little note stuck out that I wanted to comment on (totally unrelated to my original point, but interesting).Zestimates. 

Originally posted by @Mike Sands:@Jeremy Fisher thank you!!

Originally posted by @Simon Chan:@Todd Dexheimer - thanks!

Originally posted by @Matt K.

Originally posted by @Mark DeLorenzo:I'm looking at a local property here in PA that has 2 SFH's on 1 deed, unfortunately its over my cash purchase budget but it is one of the better deals I have seen in the last few months of looking around and could cashflow in the $600-700 range a month with both homes rented at a conservative amount of $1200 each.