Updated about 5 years ago on . Most recent reply
Hawaii foreclosure advice
Hi everyone. New here and to real estate. I have a few questions I’m hoping to get some help with. I have the opportunity to either get on a deed to a foreclosed property on Oahu that has a house and land that can be and have been attempted to be subdivided from what I can tell. I am not sure if getting on the deed is the best option as it goes into foreclosure. I guess that is my first question. If so why? If not and I know the owner and will know the day it goes to auction how can I use that if I am not on the deed to get the property? Assuming I don’t have 800k in cash to purchase the property. That’s the next line of questioning. How can I get financing to purchase the for foreclosure and flip it and pay the lender back? Know it can be subdivided and split and sold as two lots has been confirmed. I’ll stop there. I’ll read any info suggested. Lots of moving parts here but is an amazing opportunity I think.
Thanks for your replies in advance