The House Next Door To Me Foreclosed
Can someone offer some suggestions how I can obtain the home next door to me with no money down (bank owned).
My credit is shot and my money is tied up with other things.
There are also 9 others in my area (3HUD) and the other private owners.
They are all good income producing properties.
With the info supplied, the only possible way would be to finance thru a Hard Money Lender or a private investor. With bad credit, the HML may be the best route.
If these are good deals, why not birddog them out to other local investors? Get all the info you can and present it to the investor with a contract that states your fee (ex = $500) IF they purchase.
Roger