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Updated over 10 years ago on . Most recent reply

Matt R.'s profile image
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Matt R.
  • from Sherman Oaks, CA
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Matt R.
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Buying & Selling Real Estate

Anyone ever purchase a HOA foreclosure deed?

Matt R.
  • Sherman Oaks, CA
Posted

I have a opportunity to purchase one HOA deed at 25 cents on dollar. I can rent it out and negotiate with bank for clear title in the meantime. My cost is 35k for a nice condo, A property in B+++ hood worth 132k. Anyone ever attempt such an unusual play?

thanks,

Matt

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Steve Babiak
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  • from Audubon, Pennsylvania
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Steve Babiak
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Related links:

http://www.biggerpockets.com/forums/103/topics/587...

http://www.biggerpockets.com/forums/41/topics/6897...

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