Yes I think this iis possible and was part of my business plan

[Mike Henderson]

I'm just getting started in this so I'm very unsure, but yes this was part of my plan.

I'm targeting preforeclosure and subject to. I thought I would include my standard clause about the ability to negotiate the deal with the bank. Whether it is a forebearance agreement or a short sale, I think you should always try.

I'm curious for those of you who are trying to buy deals this way what structure are you using for your financing? Peter Conti has a book about buying foreclosures that talks about this strategy.