Investors can simply pay the bank judgement, and cut a deal for the owner to walk with some money - now that they're going to lose the house and equity at auction, in addition to getting foreclosed.So again - this does not explain - why has this house landed in Auction - when the judgement amount is way less than the market price.

My concern was twofold: First, you lose the ability to do the final walk through, because you have 60 days of not knowing what they're doing to your place.

And couldn't you take out the equity in your house and make that investment anyway without losing the asset?

The biggest is that if you do not make the payments on the HELOC you will lose your home to foreclosure.

We lose lots of deals to the hedge fund companies.

The problem I have is that any variation of the word 'invest' makes my wife think that a coin flip will lose us our entire life savings.

As a new user to BP but someone who has done well with the three properties I’ve owned, I was taking a look through the forums seeing what screening tools others were using and thought it was interesting how much of an emphasis the 2% rule & 50% rule played out as a starting point for many.

From your spreadsheet it looks like you're losing money every month.  

(A little background on me - I am a Doctor of Philosophy, with a strong emphasis on statistics and data analysis, so know my way around research, data and figures.

Don't place too much emphasis on "protected categories".