BRRRR strategy can provide passive income and a revolving method for purchasing and owning rental property. The method works through the following steps: Buy a property: The property you purchase should be a distressed property that needs some work to get […]
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Foreclosures
Nearly Half of Foreclosures Wrapped up in Five States
As foreclosure numbers continue their downward spiral, the data showed that almost half of the nation’s completed foreclosures for the 12-month period ending on April 30, 2016, were locked up in five states, according to CoreLogic. Florida, Michigan, Texas, Ohio, […]
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Bankruptcy and Foreclosure Seasoning
Bankruptcy and Foreclosure Seasoning Below are the seasoning requirements for various types of loans. Foreclosures, Short Sales, Deed-in-Lieu, Preforeclosure, and Charge-Off of Mortgages are all treated the same when it comes to seasoning requirements. All are measured from the date […]
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National Foreclosure Inventory Falls 25.7% from 2014: CoreLogic
There continues to be improvement in the number of distressed homes nationwide, according to a report from CoreLogic. The analytics provider’s March 2015 National Foreclosure Report found that the foreclosure inventory shrunk 25.7% from a year earlier, and completed foreclosures […]
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