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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
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Foreclosures
HomeForumsForeclosuresBuyung a foreclosure that has two mortgages:
Brent Wooster's profile image
Brent Wooster's profile image
Brent Wooster
  • Investor
  • from Harrison, Maine
  • Member since Mar 12, 2016
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Brent Wooster's profile image
Brent Wooster's profile image
Brent Wooster
  • Investor
  • from Harrison, Maine
  • Member since Mar 12, 2016
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Brent Wooster
  • Investor
  • Harrison, ME
5
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39
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Foreclosures

Buyung a foreclosure that has two mortgages:

Brent Wooster
  • Investor
  • Harrison, ME
Posted Dec 29 2018, 10:48

Looking for some insight on buying a foreclosure property where there is a second mortgage on the property. Specifically trying to figure in which order is it best to begin, working with the holder of the 1st mortgage or the holder of the second?

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