My experience in Ohio (it may be different in your area) is that if the bank brings the forclosure, then they 99% certian to bid on it unless the amount owed is lower than the opening bid. 

Hey Anna, Yeah I would definitely recommend studying and gaining experience for a couple years before diving in that deep.

The ROI / punchline: I've already 100x'ed this investment, i.e. it's paid itself back 100x overShe did not ask for this review, but I had such a positive experience that I had to make the time to write it.

It gives you valuable experience as a landlord firsthand which will be helpful down the road when you consider a BRRRR strategy with hard money.

And what I am personally seeing the Market place today.Commercial bank/ community bank were you have significant deposit relationship and long term relation ship..   7 to 10% plus 1/2 to 1.5 points.. these are relationship and experience and capacity lenders..

I wanted to see what folks' experience has been with Steadily for STR insurance.

Does anyone know of, or had experience with, a good course on how to raise capital for real estate deals?

Are you looking for extra capital or perhaps someone with experience or someone with time to do work?

I've had countless conversations with heirs who spent a long time trying to figure out how to make money off of land or buildings, but without experience, and never got anywhere a year later.

IF so, have him put his suggestion in writing so that you are covered in the event of any mishaps of liability.