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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
Let’s get one thing straight: Real estate investing isn’t a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you’re setting yourself up for a financial face-plant.
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JP Bouka's profile image
JP Bouka's profile image
JP Bouka
  • Real Estate Investor
  • from West Bloomfield, Michigan
  • Member since May 30, 2008
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JP Bouka's profile image
JP Bouka's profile image
JP Bouka
  • Real Estate Investor
  • from West Bloomfield, Michigan
  • Member since May 30, 2008
Connect
JP Bouka
  • Real Estate Investor
  • West Bloomfield, MI
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Foreclosures

Foreclosure questions

JP Bouka
  • Real Estate Investor
  • West Bloomfield, MI
Posted Feb 5 2009, 07:37

Can a lender (CU) who has a second mortgage on a property, which is going to foreclosure, sue the homeowner for the amount owed?

The first lender is foreclosing on the house.
Thanks

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