Don't listen to the gurus and see for yourself by bidding consistently everyday and you too will notice patterns in the counter offers.The secret is bidding regularly so that the asset manager gets to know you and you will start to receive notifications when HUD wants to get rid of the property.

{I just looked and the reduction in cash-flow is presently 2.3% ... quite irrelevant given the good it produces.Now, during the first term of any mortgage, we will make regular principal prepayments provided we have sufficient reserves in-place and no immediate higher use for the free cash-flow.  

Hello,Relative has a stand alone NN property (drug store - national tenant) and lease is currently being renegotiated.

I also just spoke to a friend and if I start doing volunteer work a Habitats' Re-Sell I will be able to purchase incredible bargains.[ I have never volunteered at their stores before but have volunteered with the actual refurbishing]my son and I are both autistic [ NO that is not his disability.

We make it clear that if the property has a community basement that tenants are storing items at your own risk.

Having several new loans (mortgage or cc) in a short period will hurt you some, because your average age of accounts is reduced.Don't open any new trade lines for now and let your credit "age", that will help.You want to pay off all credit cards before the statement hits, except one, have that one at less than 10% of the credit line,,,it seems strange but one cc having a balance is actually better than all reporting a $0 balance.Watch inquiries, your getting hit with a lot for mortgages,,on TU there is a way to have them disappear,,on EX they will never disappear, and on EQ all except your mortgage inquires can disappear.Never, ever open a store account to save the 10% or whatever on the first purchase, you get hit with an inquiry and have a new account reporting (reducing your average age of accounts).You also want a good mix of credit, you have mortgages, you have cc, but also you want an installment account (car note, etc),,it seems funny but they like you having a good mix of types of credit.The mix of credit counts as 10% of your FICO score, however the majority of your score, 35%, comes from payment history, then the balance on revolving will account for 30%, length of credit history 15%, etc,,

I would like to have it in my name so that I can re-finance to a regular loan in 2 years and pay him off.

We will be providing 24 hours notice and will enter the property after that during regular business hours regardless of who is home.

You are probably starting to think about getting part time jobs, instead of flipping burgers or stocking shelves at the grocery store see if you can get a job at HomeDepot/Lowes/Ace Hardware/Other local Hardware or supply store.

I'm just confused a bit and want to know what I would be getting myself into if we make an offer and win the bid.Also, does this generally mean I can get it at much cheaper than it was a regular sale?