So, not only did we lose the potentially most profitable liens we didn't even receive any interest to boot!

Hello, Im working on a ranch with my next door neighbor, who is an expert in Real Estate Investing, and when we got to the property there was a lot of "junk" and excess wood, etc.

Most people who lose their homes are mad and the majority of the time it is for nonpayment.

I could use some creative thinking on this one. My buddy flips houses and uses the proceeds to buy rental properties. His most recent flip in McKinney Texas was a historic home (for Texas standards) built in the early...

if he does the work,  he is either super cheap or can't afford to hire it out cause he will lose money. what u should look for is a run down place that u can bring back to life

Like I said I don't mind not making money, but I don't want to lose money!

You lose nothing and potentially could get some properties under contract before someone else does. 

So you are in a quandary because if you give it to the ex-tenant, you lose that proof.

And you don't have to use the hard money if you have the cash they will just take a bidders fee.So what this has done in our market has created massive competition because their target market is newbies.... lots of people with good credit and 50k who want to get rich buying forclsoures.. at the end of the day people will have different experinces with these from losing money.. to breaking even to make some money.. but no real big hits.. they market to these folks showing them a % return on the 20% down they make .. so if they can make 20% return or better on the down payment then people go for it..

Don't think you can rationalize paying credit card APRs with this strategy and end up ahead.You can get significantly and consistently better returns from your investments than you will lose through depreciation.