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517
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Antonio Bodley
  • AL
29
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517
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Pre-foreclosure back payments

Antonio Bodley
  • AL
Posted

What is the best way for investors with no out of pocket cash come up with the money to cover back payments to stop a foreclosure? I was thinking wholesale the pre-foreclosure. The down side I see is not finding an end buyer fast enough before auction date or the buyer back out at last minute. Or would a hard money loan or private lender loan be necessary to the back payments?

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