You can use the 1sts foreclosure asLeverage to get the 2nd to settle for less than is due and create eauity in the deal, plus whatever You Can Gain By Fixing The Property Up If There Is Money To Be Made There.

I work for an investment brokerage, and we exclusively work with investors who are searching for properties to fix and flip/buy and rent out.Send me a message if you ever have any questions or are looking for property in North DFW.

I recently purchased a duplex (house hacking) and am currently fixing up the unit as I live in it.

Are you planning to sell this retail or fix and flip to an investor buyer? 

I owe $230k on a 30yr fixed at 3.5% with about 23 years left to go.My concerns are: losing a great rate and paying taxes/commission on a large chunk of the equity. 

Is it fixed?

Account Closed make sure to fix the legs to the ground with concrete. i had one stole in B type area. but that was before i fenced the back yard.

With all of the reading I’ve done I’ve come to the conclusion that watching the process of purchasing, fixing and renting such a property would be incredibly helpful.

They can only lend on what an appraiser says the property will be worth once fixed (purchase + repairs), so if your purchase price plus repairs is higher than what they think the property will be worth.

2- Pay a pro to fIx the issue?