In Cleveland if you are Out Of State Investor there is no winning. 

I never missed a single payment and they made $50,000 in interest off of me over the last year so instead of foreclosing on me recking my credit for the next 7 years and them being forced to sell a house for less than what I still owe, it seems like a great win-win option but I was shot down over and over because the appraisal was just too low.  

I've run the numbers on a handful of multifamily properties in and around the Bay Area, and Gurbeer is right... breaking even is a win in the Bay Area. 

That is not typically true 99% of the time lenders are paid on the loan amount and this gets them incentivized to find best rates and win the deal so I apologize if that was confusing.

I’m excited to start, I’m ready to start, and I want to win. 

I do not mind pivoting if it means I will win.

Of course...I always win them over.

Get a lender, enter into contract, close escrow, enjoy your new home. if you have less than 30 days, you would need the seller's cooperation to contact the foreclosing entity to see if they will postpone to give you time to close the deal. it's not guaranteed and the lender is under no obligation to do so but if everyone wins (seller sells, lender gets paid off in full, you get a home), most lenders will provide a small window of time to get it done.

We also have lots of clients finding wins with ADUs and multi unit properties with house hacking.

This house is close to the beach so it’s been a win since we get to spend time down there.