Hello BP community,I need your advice making an offer on a preforeclosure.Chelsea MA 02150Asking price 290kDuplex (2 units, any combination) 4 beds, 1 ½ bath, and approximately 1,914 square feet.

Dont forget the warranty companies very rarely replace a unit they pro rate them.

The seller releases the sold property and retains a collateral interest in the other rentals that will amount to say an 75/80% Combined loan to value to secure his loan at that settlementAfter that settlement, the seller can trade his collateral from your other properties and consolidate the collateral back to the property he sold as a second mortgage behind the bank.You got 100% financing accomplished without going to jail and misleading the bank.The seller's equity is always secured.

The increases in value from the latter 2 are primarily a combination of buying at a discount, and value created by rehab, IMHO. 

There are still good deals out there but they are getting more rare or there is more add value needed to opportunities which makes them difficult for beginners to take on.  

Remember: if your investments are not gaining more than the real rare of inflation you're losing money.

HelloThere is a great networking group by the name of My Rare Bird that meets in SW Portland as well.  

i do that for a few clientsits a combination of a few loans from 20-100K and they add up

“Tacking” Different Trespassers’ Periods of Possession TogetherWhile possession over a piece of land must be continuous for the statutory period, the possession doesn’t always need to be by the same person in order to support an adverse possession claim.If two adverse possessors are in “privity” with one another, then most courts will allow the second adverse possessor to “tack” or combine his or her time on the land with the time spent by the first adverse possessor.

My company charges 10-11% (depending on how labor intensive we believe the property will be).I've seen some companies charge a flat fee per apartment per month, but it's rare and i would not hire a company that does that since it gives them no incentive to keep properties insured.