But he's on vacation for the week and I'm curious.I have a rental that has been having issues with clogged main sewer line.

May I ask what is the benefit of selling at auction rather than listing it as-is on the MLS? 

Happy to discuss some of the benefits and risks of a foreigner investing the United States real estate market.

Hi there,My name is Jeremy, I am 41 and new to real estate investing.My wife and I are entrepreneurs and at this point one of us could easily free up enough time to become a real estate professional and take on our goal of building a large portfolio - for the purpose of long term investing but also the tax benefits (for now) associated with depreciation.We have very little experience.

It now seems that connecting to city water will be too expensive (main line is across a busy road).  

We're looking mainly to buy multi family and rent out in this area..

My main interest is to buy and flip in Northern NJ, and develop strategic areas to apply Brandon's Brrrr strategy.I am looking forward to developing lasting business and personal relationships other like minded BP members!

I called a property manager who said the main house could rent for approximate $2,100 and the studio for $1,000.

I have never done a loan like this.. but I always wondered what the thought process wasI understand the 5 to 10 million dollar loan with no recourse.. mainly because the PG is worthless anyway as in who has 5 to 10 million sitting around to pay off a bad loan ... :) not many leveraged to the hilt real estate investors that's for sure..but if its a great deal why not snag it and if you don't like it flip it and make a few buckaroos... just a thought.

@Duane GunklerIt really deals with the debt ratio and that's going to be your main concern I think.