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That is very good advice.

Thank you all for your feedback.

Good day,

I came across a property in Orange, NJ and it's currently 3 months in arrears and the owner has only had it for about 5 months. It was purchased to do a flip. There are plans already approved and drawn out to add 2 extra bedrooms and 2 bathrooms. The current owner is stuck due to the investor bailing out on him. He didn't have a contract with the Investor. The property is currently 265K and has no equity since it was just purchased late last year.

Is there anything that can be done? I came across a Hard Money Lender but I am not sure if it's a good idea to bring them this deal considering this will be my first deal. I don't think there is any money making potential involved in this. Please correct me if I am wrong.

Any suggestions are welcome.

Regards,
Eugene

That is a very excellent point.

I too am just getting started and this is very valuable information.

Thank you

That is very good advice. Thank you

I'm curious to know what your company does and how you make this possible.

Thanks

I would like to know the Groups in Long Island.

Thank you very much

Ryan and Eric are definately a valuable source of information but I doubt they have the time to provide information about property in any area in the continental U.S. Most of the information you need to get an idea of the property is free. To get foreclosure listings in your area is what you have to pay for. I hope this helps you understand it better.

I am glad I am here as well.

Thank you