Love to see your debt free, conservative approach to investing.  

But equity will raise faster as debt is paid down due to the higher appreciation of the property.  

5.If you buy the home from a bank during the redemption and the house is vacant can you take possession?

So does the county ever take possession of a house where taxes are not being paid?

Hi gys,I noticed sheriff auctions notice in NJ publishes a Judgement Amount in Hudson County, and Upset Amount in Bergen County.First off - am i right that these are the numbers close to the lender's outstanding debt plus costs?

I have experience buying at Hubzu auction properties, Occupied properties the winning bidder isresponsible for executing the writ of possession all states and county are different in the process of eviction.

This is what you will use to pay your debt service.

I am far more familiar with debt and need the cash flow.

I look at it like 20k or so minimum then maybe 2500 to 5k a door up to a certain amount.better to be safe than sorry and its not like the money is spent its in your account and you could do very short term investmetns with it as well.. like short term lending. ( carefully)Most investors that run into trouble are simply undercapitalized have too much debt and when they have a bad day they can't get their units up and running and it becomes a cascading effect.

Not to mention, having the "cash" person on the loan may have adverse impact due to that person's credit and debt to income ratio etc.Thanks in advance for your help :).