They will either sell them for a profit down the road or hold on to them long enough for them to turn into cash cows when inflation catches up.

We have our servicer escrow taxes and when we have a note where there are unpaid back taxes, we pay them to the municipality and have our servicer add this "catch up" payment to the borrower's account (in addition to their regular incremental monthly payment for current taxes).

And you get the benefit of having over 100 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

It haves 5 bd, 3.0 ba, 4374 SqFt, in my next email I will send you a pdf with the photos of the property.

And you get the benefit of having over 100 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

Are the the properties that you all aquiring hit the MLS at all, or are you catching them before hand?

NOTE: I would only do this if the home is being foreclosed on by a local bank...the major banks are a little more strict with who they choose to let play.The good part about following the foreclosure process is that in the end you might be able to catch the property before the local bank lists it with an REO agent.That means that you get in touch with them before anyone else even knows that the property is going into REO...The bank has not listed it on the MLS or began advertising which means you have a chance to take the bad loan off of their books early...which they will LOVE!

I think you really need to catch some sleep.

Being the 'sandwich' generation is a real juggling act.But I try to catch up late at night when I can on these boards.

For the broken "report abuse", after the "submit" you would get a "save file" dialog that looks something like this: Or see it at this link: http://www.biggerpockets.com/photos/show/51020 And Josh, you should probably look at the post number that is captured in that image, since I was in the process of reporting it to you.