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Welcome to the Bigger Pockets community-be sure to check out all the awesome BP blogs under “Learn.”

Check out what Ward Hanigan (very successful foreclosure specialist in San Diego) does.

Hi I am new to real estate, and i am having a hard time understanding how to negotiate a pre-foreclosure, my question is pretty straight forward. " can I buy a pre-foreclosure for less than the outstanding balance?"

Definitely check out inventory and DOM, this gives you an idea how fast or slow the market is and help estimate your holding time.Also pay special attention to other flips in the area.

Many expenses are straightforward - maintenance, taxes, insurance, legal & accounting charges, interest (though, not the principal part of your payment), etc.  

Welcome to the Bigger Pockets community-be sure to check out all the awesome BP blogs under “Learn.”

Be sure and check out the training , meetups and info in your back yard from Wendal de Guzman. 

Welcome to the Bigger Pockets community-be sure to check out all the awesome BP blogs under “Learn.”

Welcome to the Bigger Pockets community-be sure to check out all the awesome BP blogs under “Learn.”