Account ClosedIt all depends what you are looking for; high risk high reward, or safe and steady.

My question is regarding the cost of holding the property while we are "fixing", since I want to keep my cash safe. 

In the interest of reducing research time, would this method be acceptable to find the senior mortgage- The online foreclosure auction website lists Party Details (defendants and plaintiff).Under Defendants lets say Wells Fargo is listed.One could do a scroll through the court records and see that Wells Fargo was the lender at the time the deed was recorded or even just listed prior to the plaintiff, then we could safely assume the plaintiff is a junior mortgage.Yes?

I thought money in my paypal account was safe and secure.

But I would really rather learn from someone with a lot more experience than me as to why it's safe to assume that this incredible boom will continue.I do know that higher rents increase the valuations of rental properties.

Is it safe to refinance my money out...or leave it in for now?

@Joshua NobileWelcome to the site.Very cool that you have multiple members in the safe family interested in real estate.Good luck to you and your mom.

I will put the information to work.Would it be safe to say the best way to procure or lure these people out is through word of mouth, or social media?

Get it just to be safe.

Since it is a flip, you don't want to give a future buyer any reason not to buy, so I would just make it simple and safe.