AskBP

#AskBP 044: How Do I Find Foreclosed Properties?

Expertise: Landlording & Rental Properties, Personal Development, Real Estate News & Commentary, Business Management, Flipping Houses, Mortgages & Creative Financing, Real Estate Deal Analysis & Advice, Real Estate Wholesaling, Personal Finance, Real Estate Marketing, AskBP, Real Estate Investing Basics
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How Do I Find Foreclosed Properties?

Every investor knows that foreclosed properties can be terrific investments… but how should an investor go about finding them? On this episode of the #AskBP Podcast, Brandon shares his top tips for finding foreclosures, as well as several key red flags to look out for when shopping. Don’t miss this valuable show!

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Brandon Turner is an active real estate investor, entrepreneur, writer, and co-host of the BiggerPockets Podcast. He is a nationally recognized leader in the real estate education space and has tau...
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    Cheryl Vargas Rental Property Investor from Rohnert Park, CA
    Replied over 5 years ago
    I heard that bank could only sell a foreclosure property for the amount they need to recoup from the loan. If they are owed $50k and house is worth $100k, they have to sell it for $50k plus their costs. Is that the way it works?