Reach out anytime. 

* What is the best strategy for first-time investors: Own or Arbitrage?

If you have any questions concerning especially the funding of this project, feel free to reach out.

I specialize in STR & Co-living strategies.

Hi Dave in Northern, NJ-I am sorry to hear you have a single family rental facing foreclosure.You have it in an LLC and wonder what your options may be to delay foreclosure.Lenders do not want to take properties back and have a nonperforming loan.The best time to work with your lender is as soon as possible but certainly before the sheriff's sale.After the sheriff's sale, there is a redemption period where you can still sell it and the length of time varies from state to state and may depend on if it is vacant (avoid that for a variety of reasons), if tenants have a lease and have rights, or if someone is occupying the property.Working with the lender may not be easy but do not give up.Also, reach out to investors, who buy properties in foreclosure or pre-foreclosure, and see if they would be interested in curing the default and buying the property.To Your Success!

You can do less than 20% down (as low as 3.5-5%) if you intend to occupy the home for at least a year.2) There will be an HOA (homeowners association) which restricts rentals, so be sure to read the CC&Rs (governing documents) to ensure that your rental strategy is allowed, even if you intend to live there at first, eventually you'll be transitioning it to an investment property, so this will be important.

I know that I want to focus on LER with the brrr strategy. now my questions are:1. where to start?

Quote from @Kaushik Sarkar: I’m exploring strategies to scale my real estate portfolio given the current mortgage rate Not sure much makes sense at 11%...Ouch....tough enough at 7.5%   Might have to put more than 20% down to finance....maybe 30% in North Texas.   

Weeks before closing Blue Metrix Group reached out and said they were struggling with the financing for the second park and they asked would we owner finance. 

You earn way to much W2 income to not own more properties its just CA is crushing your dream and passive income.If you want to see examples feel free to reach out I would be happy to show you what I mean by sharing which counties and areas.