We only get a few responses, but it is helpful.

He was on the main podcast and the Rookie pod talking about it - maybe it will be helpful for you.

  $540,000...this price includes no commissions.

I am wondering if there is someone I can pay to physically go to the auction to bid on my behalf.Just FYI, I am aware of the risks of buying things in foreclosure.Can anyone recommend anyone like this in NJ? 

(Roth's being an exception.)CPA Tom Wheelwright has a chapter on this in his book Tax Free Wealth and agrees with what I just noted. 

This reduces my monthly payment by ~$100 a month.Am I correct to think that I am essentially paying $3500 for this refinance?

As of this moment.

Here as a resource to help educate you! 

Purchase price: $245,000 Cash invested: $50,000 This was our primary residence that we are lived in for 6 years while we fixing up and renovating. 1963 farmhouse that was outdated and loads of half a$$ work and deferred maintenance.

This team consists of an Investor Focused Agent, Lender, Contractor, and PM.Read this article on the "core 4".