Hi Guys,My team and I will start tapping into pre-foreclosures the upcoming month, so I wanted to ask you guys how do you guys put these deals together?

How do I protect myself if 1 of the 10 properties isn't being rented for a period of time and the loan flops and the property goes through foreclosure ?

I called the trustee to get as much info on the property and I was informed that the grandson of the owner (she passed away and the foreclosure was on a reverse mortgage) has been living there.

Anyone familiar with purchasing homes here through auctions or sheriff sales? New to the process and had a few questions about doing it. Am i protected through the redemption period? how can i protect myself from losi...

He essentially finds rehab homes, mainly foreclosure properties, connects you with his hard money lender (20% down, 2 points, 10% interest), connects you with one of his contractors, and then will list the property for sale.

In part it would depend on whether the foreclosure was started.

Not that I want that to happen I would definitely work with a real estate investment broker or realtor and make sure in which ever property I invest in is worth it. 1st comment- Get rid of those negative thoughts about bankruptcy and foreclosure.  

And they are both on foreclosure.

I can see how maybe I was a little vague, basically I am about to start up a residential cleaning business to clean homes whether people live in them currently, a realtor needs to clean up for rent/sale showing, investor needs to clean out of a foreclosure, etc.

Might want to keep your eyes out for FSBO, wholesale deals, foreclosures to be purchased at courthouse, or the online auction websites.