Feel free to swing by my meetup as well in New Britain www.NEIMeetup.com

Feel free to connect if interested in the PA market.

We have some free guides on the site to get started.

Too lazy to type, so check out my profile for my perspective on Bay Area investing@Darius Ogloza feel free to talk more about your deals :)

@Mike RutallieIf the realtor thinks it’s worth $325k this is probably not something they would considerMy guess is rent is worth a lot more than that and basically they would be renting it interest free till it’s paid offI guess it does not hurt to ask but I don’t see where this benefits the seller.

The ones here in Chicago that I attend are free and I'm sure they have free meet ups in most other places.

The property is paid for free and clear but subject to ground rent that has been approved to be redeemed.

I did not pull the trigger but I am wondering the threshold of coverage I should look for as this is my first venture.I appreciate your time and advice on this, as I'm a rookie starting my journeyThank you everyone that helps and any advice is appreciated!

With such things, they will usually offer you some time (we had a case once where it took us a while to find a new bank to refinance shortly after the financial crisis in 2008) before actually foreclosing, but they will eventually pull the trigger and begin foreclosure proceedings.

Start with BiggerPockets Ultimate Beginners Guide (free).